Is it a good Idea to use credit cards to finance startup cap for small business?

I am a product distributor Net Work Marketing and I want to finance my business by purchasing product and paying for fixed expenses until the business realy gets going.

Is it a good Idea to use credit cards to finance startup cap for small business?
There was once a test that determined the type of business person you are, you need to weigh the risk with the potential loss should you fail, However I have personally opened my business solely with credit cards, if YOU believe in your product and are willing to take the RISK then I say go for it.


things to consider are the interest rates of each credit card and your ability to pay them off, if you have a low interst credit card then thats even better, if your credit is good, charge it and then transfer the balance to a card offering 0% interest as some will do as an introductory offer or even just on transfers.


Good luck with your business
Reply:not a good idea.
Reply:I'm a person who is really against having more that one credit card. My husband and I had about ten cards and started overspending; those little cards are so easy to use! It ended up getting us way in the hole, paying nothing but interest for years. It took us 20 years and we're finally out of the hole, and we pay off our ONE credit card every month. Your situation is a little different. I really think you need a professional business advisor. Good luck.
Reply:no its not a good idea to do that you will be in the hole with so much money...