Options, roughly in order of accessibility
- Your own savings and friends-and-family equity.
- Equipment financing, where the equipment secures the loan.
- SBA microloans and community lenders (CDFIs).
- SBA 7(a) for experienced operators with a strong plan and equity.
- Business credit cards — useful, but expensive if balances carry.
Build the budget before you borrow
Underfunding is one of the most common startup mistakes. Use the planner below to see how long your cash lasts, then plan for a slower ramp than you expect.
Run the numbers
Build-out, equipment, deposits, licenses, opening inventory.
Be conservative for the first 6 months.
Rent, payroll, software, insurance, owner draw.
Runway
7.5 months
Cash after launch
$45,000
Monthly net
-$6,000.00
6–12 months
Planning estimate only. Most lenders look for operating history; new businesses often rely on owner equity first.
Estimates only. Results vary. No guarantee of approval, rates or savings.
Talk with a financing specialistCommon questions
Can I get a business loan for a new LLC with no revenue?
It's difficult. Lenders generally rely on your personal credit, experience and collateral. Being realistic up front saves time and hard credit inquiries.
Will you introduce me to a lender anyway?
Only if an approved provider is a reasonable fit. If not, we'll say so and point you to planning resources instead.