To get funded while being broke

Most creditors prefer to look at the recipients personal finances . It’s a safety mechanism to ensure that they’re investing in the right business therefore when you’re broke it makes it hard for creditors to place enough trust in funding your company.

In many cases this puts the entrepreneur in a bad spot as he or she is stuck in a rut of not being able to stir right or left to salvage a sinking ship. In many cases resourcefulness would be the best bet in saving a business. Therefore at personal finances are not taken into account and funding is still provided despite the applicant being broke. Hence this would be a golden opportunity to many upcoming entrepreneurs in helping to boost their business up from a rut.