Using credit cards to provide the initial funding for your small business can be a risky proposition, writes Odysseas Papadimitriou, founder of Evolution Finance. "The fact that you have to begin paying back what you owe from day one means that, unless you become profitable quickly, you could easily find yourself overburdened by interest and vulnerable to the whims of the economy," he writes. If things go south, your personal credit score could also be in jeopardy, he notes.

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