Where you find money to fund your retail business will depend on your personal credit, business credit, the amount your willing to pay for the cost of a loan and other factors.
Most new businesses find it very difficult to obtain bank loans, business credit cards or investors. This is why many new small businesses are funded through the owner's personal resources. This includes savings, loans from family or friends, credit cards, home equity loans and even cash value of life insurance.
Banks and other lenders will loan money to some new businesses if they are satisfied with the feasibility of your business plan, your credit history, the amount of experience you'll bring to the venture and the collateral you are willing to put up for the loan. However, most of the money to start a new business will need to come from you.
