corsasriboy
Member
Registered: 23rd Mar 07
Location: leicestershire
User status: Offline
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been planning a small business venture for a while now but want to test the water first with a small test "product" before leaving my job and going for it full time. but i dont want to invest every single penny i own to start with as i like the security of savings, and dont really see the point as i can just borrow the money and pay it back once i have sold the product for (hopefully:look a profit.
what is my best way of raising capital that can be paid back instantly once the product has been sold? i have looked into loans but i cant find much info on charges that are made when the loan is paid off before the agreed period of time it has been borrowed for? interest free credit card with 0% on purchases a good idea? any recomendations on specific cards or loans?
any help greatly appreciated! 
p.s. it wont be technically be a business when i make the first one (back off tax man haha)
[Edited on 21-08-2008 by corsasriboy]
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BarnshaW
Member
Registered: 25th Oct 06
User status: Offline
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dragons den
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corsasriboy
Member
Registered: 23rd Mar 07
Location: leicestershire
User status: Offline
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haha! cheers mate. dont think they would be too interested in my little idea at the moment tho.
[Edited on 21-08-2008 by corsasriboy]
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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http://uk.virginmoney.com/credit-card-v3/pre-apply.html
Put the money in your bank for 15mths 0% +2.98% one off fee.... Jobs a good en!
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jrsteeve
Member
Registered: 3rd Apr 02
Location: Manchester
User status: Offline
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They usually charge an extra month's interest as the early repayment penalty. Try moneysupermarket.com etc to search for the rates and deals. I'd stay away from credit cards cos u'll just keep transfering it to other cards and never pay it off.
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corsasriboy
Member
Registered: 23rd Mar 07
Location: leicestershire
User status: Offline
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cheers guys, anyone else have any other ideas? by the way, after about 3k.
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