Ask news.yc: Raising money using bank loans?

Re:Ask news.yc: Raising money using bank loans? by rwebb on Tuesday October 02, 2007 @10:32PM (#62415)

I've heard good things about Chase small business loans. This looks like a good resource for info on lots of banks:

http://www.pcmag.com/article2/0,1759,5837,00.asp

Interest free credit cards are an easy way to go as well. 1 year interest free and then you can switch it to another card or take out a loan from your bank directly with a fixed rate and pay off the card.

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Re:Ask news.yc: Raising money using bank loans? by cirroc on Tuesday October 02, 2007 @10:55PM (#62429)

Thanks- That's certainly an avenue I'll look into.. It looks like they do the SBA loans that I had mentioned, but also do their own private loans, which might be an option.

We have two people in our team- If I could get a Chase loan to allow our lead coder to go full-time, and keep my job to make the payments, we could be OK until launch.

It's not optimal, but it might let us get the time we need to launch successfully and quickly.

I'm very open to any other ideas, and appreciate the discussion.

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