TRADITIONAL SOURCES OF DEBT FINANCING FROM commercial lenders are not your only choices when looking to establish credit and borrow money. Your business--especially if it's in an early stage of development--simply might not have the collateral or credit history to qualify for such traditional debt financing. This chapter will look at alternative debt strategies, which include:

LEASING. A leasing company (the lessor) acquires real estate, equipment or other fixed assets, then executes a contract with the second party (the lessee) who will use the asset. The lessee (that's you) makes fixed payments to the lessor for a specified time. Leasing provides a flexible, creative ...