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 One thing is certain; the economic climate today is not as good as the world of just a few years ago.  If you read the reviews, business line of credit start ups are much fewer in number today than they have been in years prior.  But don’t worry, there are still plenty of places that you can go to for the quality financing that you need.  It is just a matter of knowing where to go and how to present yourself.
The first thing that you want to consider in your search for a business loan is the nature of the lender.  Large corporate banks are likely to be exceptionally regulated and will probably not be your best bet, as they will want to see strong business credit and a number of good affiliations.  You will probably have much better luck, though, with smaller banks and credit unions.  Small banks and credit unions offer not only lower interest rates, but are also more willing to listen to you as they will probably give you a representative that is higher in the decision making process than those of the larger banks.  It is always good when you are speaking directly to the person that reviews business line of credit.
Start ups often gravitate toward SBA loans as well.  SBA loans are great for a number of different demographics, as they have many programs that are readily available for women, minorities, veterans, and the disabled.  They also have a number of quality programs for green businesses as well.
And lastly, one of the more unlikely places that you might think to look for financing your first business would be P2P lending.  Although it may seem old-fashioned, going to individual capitalists for the money that you need is more common than you would think.  Talk around and check out for the resources that you need to conduct a P2P loan in a safe and professional manner.

This Business article was written by Mark Karavan on 3/29/2010