M
MX Parts
Guest
...towards payroll? We have a home based business and it is making good side money, but it can't grow any larger because we all have other jobs. We want to get a business loan and get a location so we can quit our jobs and do this full time BUT we are not making enough extra money to put aside 3 months wort of pay/bill money to get us bye while the business kicks off. So my question is, if we were to get a loan, would we be able to use some of that money for payroll? Still trying to learn as much as possible before we get into this. Thanks! (We are a corporation by the way)