Interestingly, almost 70 percent of financing for start-up businesses comes directly from the pocket of the perspective business owner according to Consumer Reports. Even if you don't have much in the form of liquid assets in checking accounts, savings accounts or money market accounts, there are different ways to use the assets you already have, to finance a new business purchase

I suggest that the first way is to sell any high-price items that you simply don't need any more. Auction off your grandmom's jewelry and antiques, sell the car and to get a lower monthly payment, lease a new one or, maybe downsize to a smaller house.

If you do own your home, then consider a home equity loan, commonly referred to as second mortage, or you could get a home equity line of credit, called a HELOC. Be very, VERY careful, though. because with a home equity loan, you'll need to make additional monthly payments on top of your main mortgage. If you fail to make the payments on your main mortgage, the bank could take the house.

Many folks do not know that they can borrow some money from their own 401(k) or IRA savings accounts. With a 401(k), people can usually borrow up to $50,000 of the savings, as long as it's paid back, with interest, in less than five years. With IRAs, you can borrow a chunk of money, interest free, for a period of 60 days.

Be forewarned though, if you don't pay back these loans in the proper time, you will be charged an income tax, plus a 10 percent early withdrawal fee.

If you have a whole life insurance policy, most people are unaware that you can also borrow up to 90 percent of the cash value of it, at a relatively low interest rate to pay back.

I hope this article has been educational.