The type of loan you need depends on your circumstances. In most cases though
you'll need colateral beyond the businesses assets to secure a loan for a new
business. If you own your home and have some equity in it then you may be
able to use it as either colateral ,or look at a cash out refinance as a way
of raising funds. Cash out refi's are about the lowest interest loans around
so this could be a good option if possible.

Hi, In case you haven't already, check out some of our resources for starting a business. You'll find a guide to help you determine if you're ready, details about writing a business plan, and preparing business finances.  A good place to start is with one of SBA resource partners: SCORE, Small Business Development Centers or Women’s Business Centers. These organizations provide free business counseling and training. To find your nearest SBA resource partner, enter your zip code at SBA Direct. We also have information about loans, including how to prepare your application and an explanation of SBA's role in the process.

Have you written your business plan, one that includes projected funding
needs? Once you have that, you may want to meet with a counselor at a small
business development center or SCORE office. Their services are free and they
can recommend the best sources of funds to fit your particular needs.

Hi, Please describe your business detail and the fund you need to start the
business then only you can get the best deal.