Finding start up funding for a new business is not as difficult a hurdle as it may seem. Despite tougher economic times, there are several ways to go about finding the finance necessary to successfully launch a small business.

Small Business Loans

Many lenders will approve loans up to $30,000 based on personal credit. The lender concerned may still want to see a business plan and hold the small business owner concerned personally responsible for repayments. Having a good credit score and minimal debt will increase the chances of getting a small business loan approved.

SBA loans (US Small Business Administration) loans can be applied for in the form of a Microloan, Certified Development Company loan or a Basic loan Guaranty. In addition, the SBA offers excellent information and resources in order to help the small business owner succeed.