I am starting a medical wholesale distribution business. I worked in the industry for about 4 years. I have relationships to purchase from and to sell to to the tune of about 500,000 per month in sales. The problem is I need the 500,000 in a line of credit for working capital. I have looked at several options. As a young guy I have very little in assets to foot the bill, and banks wont give me anything. I have no rich uncles, and angel investors want more than I can give. Any ideas would be much appreciated.

www.sba.gov

Also consider vendor financing. This is where the suppliers give you credit and loans for start up in exchange for securing you as a client. You must be able to show a list of ready to go clients and demonstrate prior success in the field.

please let me know what you end up doing.

If you have some business which you can prove was around for more than 2 years, you can get a 50k LOC at several banks