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4 PC Repair
Business Startup
Funding Ideas
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Any Business
Needs Cash
to Get Started
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Are You Opening
a Storefront?
Or Will You be
Working From
Home?
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Do You Need to
Stock Up on Parts?
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How Much Cash
Do You Really Need
to Get Started and
Where will You
Get it From?
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This Article
Will Show You
4 Possible Ways
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to Get the Cash
You Need to Start
Your Business:
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Your Personal
Savings
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What Can
You Afford to
Contribute From
Your Personal
Savings?
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If You Put Too
Much Pressure
on Your Personal
Financial
Situation,
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You’ll Risk Losing
Your Business
Productivity
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Home Equity Loans
or Lines of Credit
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Do You Have
Equity in Your
Home That You
Can Borrow
Against?
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A Home Equity
Loan or Line of
Credit is a Fairly
Simple Way
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to Obtain Cash
for Your PC Repair
Business
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You Must Have
Two Years of
W-2 Income to
Show the Bank,
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So They are
Comfortable
With Your Ability
to Repay
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Rates are Very
Reasonable But
Just Take What
You Need
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You Don’t Want
to Risk Losing
Your Home
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Credit Card Cash
Advances or
Balance Transfers
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Many Credit Cards
Today, Business
Cards and
Personal Cards,
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Offer Balance
Transfers
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You Must Have
Excellent Credit
to be Eligible
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With Some
Balance Transfer
Offers, You Can
Take at Least Half,
if Not Almost All,
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of Your Available
Credit and Have a
Check Sent to You
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Some Credit Cards
Offer Rates as
Low as 0% with a
5% Transaction Fee
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There are Time
Limits on These
—Typically
Six Months
to Two Years
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And Once the
Time Limit is
Reached,
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Your Rate will
Go Back Up
to Your Normal
Purchasing APR
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Loans from
Friends and Family
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Are Loans From
Friends or Family
a Good Idea?
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You Have to
Make Sure You’ll
Have the Ability
to Repay the Loan
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Think About
How Involved
Your Friend or
Family Member
Will be
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in Your PC Repair
Business
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Are They Coming
in as a Financial
Partner?
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How Much Say,
if Any, Should
They Have in
Your Business?
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Make Sure that
You Have an
Agreement in
Writing
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You Can Hash Out
All the Details
to Minimize or
Eliminate
Misunderstandings
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The Bottom Line
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Any New PC Repair
Business Will Need
Cash to Get Started
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Look to These
Ideas to Help You
Decide the Best
Course of Action
for Your Company
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Make Sure You
Have the Ability to
Repay Your Debt
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Have You
Borrowed Money
to Start Your
PC Repair
Business?
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Did You Choose
One of the Paths
Discussed Here?
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Please Share
Your Thoughts
in the Comments
Box Below
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