Most plans for a new business require a lot of money. You have to buy equipment, rent space, hire employees, then play a myriad of bills that you never expected.

That is great if you have a rich uncle or friends at bank, or if you just cashed in your stock options from your job at Microsoft. But what about rest of us?

The old "charge your way to wealth with credit cards" doesn't work if you already have them maxed out. And you can't quit your job if you NEED that check to keep food on table.

The only answer is to seriously adjust your thinking. Get ready to be ultra creative. Start a business that you can get going for FREE or almost free.

1. Get an order pad, sign up as a reseller, and start knocking on doors. This works surprisingly well. Find a business that will let you sell their products with a profit built in for you to keep. Target offices, homes, and organizations who have a real NEED for what you sell.

Start by noticing something about surroundings. "I love flowers you have growing" is a great ice breaker when a home owner opens door.

It's no surprise that many individuals seeking personal loans to start a business or for personal needs sometimes have trouble getting such financing. And for a reason. They often overlook one great source of personal loans - namely Private Lenders. That's exactly what I'm going to talk to you about in this article.

So just what is a Private Lender? Here's a simple answer:

- Any individual or group of individuals who use excess funds they have available to make a wide variety of loans based upon their own preferences.

- They could be doctors, lawyers, accountants, wall street investors, and other professionals who invest extra funds to generate income by financing ventures of their choice.

- They lend on deals they like because loan proposal appeals to them. Or, they like expertise or experience of individual involved. To them, credit and related issues as required by traditional lenders are not of paramount importance.

- These folks do their lending for a second income, instead of a primary income. Lending is not their main source of income. Usually they generate their main source of income from their jobs or businesses they own.

- They're NOT banks, and do not ever seek or accept deposits from anyone. They are neither a credit union or a mortgage company. Instead, they are regular people with tons of money who simply seek out good deals to lend on. Therefore, they do not have to obey local banking rules.