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Using student loans to fund business ? (alien.top)

submitted 1 year ago by Secure_Victory8123@alien.top to c/entrepreneur@indiehackers.space

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I am 24 and I am in graduate school getting my MBA. I own a start up healthcare company , we've recently gotten our license but in the process of doing that i spent all the reserve funds I had for the business.

I have been trying to get financing , even with having extremely high credit score I keep getting dined because of low income. I'm a full time student and working on the business full time and would be extremely difficult to work a second job.

So I was thinking , since interest rates for student loans tend to generally be lower then what's on the market and they don't ask for much besides being in school that I would apply for more than I would need /cost and my school would give me the remainder and I can use that to finance the company.

Has anyone ever done anything like this or any advice they can give ?

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[–] DelphiniumWater@alien.top 1 points 1 year ago

The way them student loans are easily obtainable but don’t fall for it

Then student loans will catch you with your ass