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Even with all of the bad press about getting money to start or expand a business, there are several reliable options available.? These are the four best sources of business financing for 2012.

Micro Loans

An entire class of small business financing that is largely overlooked, but is a powerful alternative to commercial bank funding are micro loans.? There are literally thousands of micro loan programs across the U.S to finance businesses and they are available everywhere.? These programs are not typically advertised and are volunteer driven, but with the influx of new Federal Jobs Act that is finally funneling down to the states, these programs are going to see more activity this year than ever before. ?Micro loans for businesses come from many sources, with many coming through the state and federal government as a way to stimulate economic development and create jobs.

These programs come from the Small Business Administration (SBA), U.S Department of Agriculture - Rural Development (USDA), Economic baltimore black and orange hats Development Administration (EDA) , State & Federal government, economic development agencies, not-for-profits, banks and other groups interested in economic growth through business activity.

Micro loans are typically available up to $150,000 (but some go much higher) and these business loan funds are typically at lower interest rates than bank loans (3-5%) and don't have the same lending requirements that banks have.?

A great source for finding these loan programs in your local area is BusinessLoanFunds.com

Peer to Peer Lending

Peer-to-peer lending also called person-to-person lending or social lending is a loan directly between individuals without bank involvement. ?There are several entities that are developing online to facilitate these transactions, the largest being?prosper.com. ?Borrowers credit scores are used to evaluate the appropriate interest rate and risk of the loan. ?The borrower also has an opportunity baltimore black and orange hats to describe the situation and baltimore black and orange hats what the money will be used for. ?This model is effective because it allows people who have credit issues or no credit history the opportunity to get funding at a better interest rate than a bank. ??