Comment on Prosper Loans vs. Credit Cards: Which Is the Better Option for Small-Business Startup Costs?

Prosper Loans vs. Credit Cards: Which Is the Better Option for Small-Business Startup Costs?

Aside from family, friends and personal savings, entrepreneurs have few outside financing options to start a business. After all, who would lend thousands of dollars to a small business that doesn’t even have revenue yet? “Nobody does a good job of providing financing to startup businesses because it’s the highest risk out there – you may have big ideas and plans in place, but you haven’t launched yet,” says Charles Green, founder of the Small Business Finance Institute. The U.S.

 

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