Subject: Re: Intro and question
From: Alex <xela@MIT.EDU>
Date: Thu, 27 Feb 2003 15:08:19 -0500

Any of the US people here ever use the small business administration?
Are they actually useful?  (I've got a vague sense their idea of small
starts at around 5-10 employees and $500k annual revenue, but I'm
not at all sure where I got that idea.)


> Faber Fedor wrote:
> > Everything I read assumes I've got 100K USD lying around or can get it.
> > Well, I don't and I can't.  The people I talked to had or borrowed 10 -
> > 100 K USD; they're a bit secretive on how the got it/borrowed it to
> > boot.
> >
> The most likely source is credit cards or maybe friends/family.  Most of 
> the small business folks I know have dipped into credit cards to make 
> ends meet while starting a business.  Its costly and fairly risky, but 
> all too common....