My wife and I have been in business for many years. I can tell you without reservation, it is not a very good approach when starting a new business to borrow capital, and it's also unlikely that anyone will be willing to invest in a new company unless you can demonstrate business experience and a degree of proficiency in the trade.
We started in business doing only what we could do without borrowing and as the business greww and our background increased, lenders began approaching us. We have never, in 43 years borrowed capital.
These days we will charge business purchases to a credit card, simply because it's convenient, but we never let it go past the end of the month, and therefore, we never pay interest on it.
Just some words of advice (not necessarily wisdom) from a (now) elder citizen in business.
Regards,
Don
