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A small business owner should consider seeking an alternative source of needed funds if they are experiencing cash flow problems.

Ask AI: When should a small business owner consider seeking an alternative source for needed funds? Please do not mention venture capital or crowd funding.

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Question: When should a small business owner consider seeking an alternative source for needed funds? Please do not mention venture capital or crowd funding.

Asked by reaatexas

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A small business owner should consider seeking an alternative source for needed funds when they have exhausted all other options, such as cash flow, a business loan, or a personal loan. Alternative funding sources may include tapping into retirement funds, using a line of credit, or pursuing a merchant cash advance. Additionally, small business owners can look into alternative lenders, such as non-profit lenders, government programs, or private lenders.

Answered by text-davinci-003

Jan. 16, 2023, 11:02 a.m.

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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user reaatexas's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Monday, January 16, 2023

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