Apply for Small Business Loans
The most straightforward means of getting a small business loan is going through the Small Business Administration. They provide reasonable financing options for startups.
Credit Cards
It’s easier to get a credit card than it is to qualify for a business loan sometimes. Using a credit card for startup costs can be a good resource. However, remember that credit card interest rates are usually much higher than interest on loans.
Online Lenders
Online lenders often have a faster application process than brick-and-mortar lenders. The downside is that they also usually have higher interest rates.
Employment Opportunities
Consider getting a second part-time job or seeking summer employment. Designate the extra earnings toward funds for your startup. Having an extra job also provides you with an opportunity to learn what goes into running a business. You can apply those lessons to your own business.
If you choose to use some of your student loan money for a startup, make sure to cover educational expenses first. If not, you may end up taking out more loans than necessary to cover the difference.