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Post Info TOPIC: Small business funding with damaged credit?


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Small business funding with damaged credit?
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Five years ago the business was doing great. My brother was running it for me while I worked my job. At night I would do the buying, and handle odds and ends. Brother hired an employee and didn't keep good tabs on him; employee embezzled large amount of money, enough to crash the business. I spent four years cleaning up the mess and paying off the debt. In the process, my credit was ruined. My plan was to reopen the business, start rebuilding slowly, then go into it full time in three years when I would have retired. With the unexpected loss of my job, my time frame has been accelerated. Thus, I do not have the funds to purchase the needed inventory. Currently I have managed to assemble a very small inventory of cheap cars. I have been making some money. The problem is, I don't have enough inventory to create enough steady profit to pay the bils and reinvest in more inventory.

Please Help.
Thanks !

I didn't find the right solution from the internet.
References:
-https://www.smallbusinessforums.org/showthread.php?5479-Small-business-funding-with-damaged-credit
-Web Marketing Video Examples

 

 



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