I am in the process of securing a loan to start my own business(s). However, i have poor credit rating and is finding it difficult to obtain a loan. I have been refused by high street banks and virgins startup loans.
I am looking at crown funding, however most investors will only invest in businesses that have been trading for a while.
My sister has recommended funding angels but i thin the require a share in the business before they invest. I do not want to go down this road and have someone have a share in my business.
I have also searched unsecured loans for bad credit and the APR on them seems to be very high.
Can anyone recommend anything? is peer to peer funding and crowd funding my only options?