Soul Souped » Loans http://www.soulsouped.com Fri, 06 Nov 2009 11:48:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Business Credit will help you become your own boss http://www.soulsouped.com/business-credit-will-help-you-become-your-own-boss.html http://www.soulsouped.com/business-credit-will-help-you-become-your-own-boss.html#comments Fri, 13 Mar 2009 10:35:54 +0000 admin http://www.soulsouped.com/?p=68 business_creditmagicOne day I accidentally saw how much money my boss was making. I was both shocked and appalled at the amount I saw. I felt violated since he hardly puts in any work at all and he practically relies on me to do everything. After giving it a lot of thought, I decided to go into business and become my boss’ rival. Since I pretty much knew how to run everything, I knew I could start my own operation. I just needed to get the money for the initial investment. Since money is tight nowadays, I knew I was up for a battle. Naturally, I tried out the banks. And as expected, getting Business Loans wasn’t that easy. The amount of paperwork I had to go through was very tiring, and the most disappointing fact was that I still got rejected at the end of the day. I couldn’t even apply for Personal Loans because of a fiasco with one of my credit cards before. As a last resort, one of my friends recommended me to a loan shark. I knew I had to make a judgment call. Either I take the hit with the high interest just to get my dream started or I stay with my current boss and hope for a miracle to happen. After giving it some thought, I chose the former because I knew I could make the money needed to pay off the debt.

True enough, after only a year, I already have too many clients to handle and I am already in need of expansion. Since my business already had a good track record, I was able to use the Business Credit to pay off the loan shard and secure money for my expansion.

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