Tip #5: Microloans, which range in size all over the place, from hundreds of dollars to the low six figures, make so much more sense for start-ups and struggling small companies that it is practically un-American to say any bad comments about them. The barrage of positive publicity about this strategy of financing includes a recent SBA study that shows microloan activity was up by 27% for the period of June 1996 through June 1997. That's quite the increase. I recommend considering this early stage option if a small percent of capital could make a difference in your venture's cash flow.
