I have been working on a project for the past couple of years that is
finally in need of some small capital. I need help figuring out the
best way to do this.

About the new business:
- Web publishing service, so there is no tangible product.
- Business wise it's similar to web hosting companies.
- Competitors: Web hosting companies, blogs, wiki's, CMS (Content
Management Systems)
- Revenue: ad placement, as well as paid accounts for more storage
space and no ads.

About Me:
- I'm 26 years old.
- I have excellent credit. As of Feb of this year my credit score is 744.
- I own shares (outright) in another startup and can "sell" them at
any time, but would like to hold on to them if possible.
- I have about 8k of debt, but have never missed a payment or payed late.
- Aside from credit cards I have no other loans.
- Renter
- I'm in the San Jose,CA area.

Money will be used for:
- Hiring 2 developers part-time
- A business license and associated paperwork
- Provisional Patent (est. $5k)

It's looking like I need a unsecured credit line of some sort, but I'm
not sure. If I've made any bad assumptions here, please feel free to
correct men. Thanks!

There are a number of ways to approach this.  With the beacon score
you have there will be a lot of people ready to loan you money. It
would not be a problem for you to simply obtain a loan on your
signature.  I do not recommend this approach because of the interest
you will pay.  Your are correct in assuming that you need an unsecured
loan.  Do not go with a quick loan or a guaranteed loan of any kind.
There is no need for you to go with a high interest rate or pay a fee
for your loan even if you borrow on a short term.  With all of that
said my recommendation to you would be to obtain your funds from a
business credit card company. With a business credit card you will be
able to base your payments only on the actual money you use.  As an
example - If you spend $1200.00 in the beginning - then it takes you
60 or 90 days to re evaluate your information. You will only be paying
interest on the money you spend.  Your payment will be on the amount
you spend not the amount you would have borrowed on a $5,000 dollar
loan. As the balance grows of course the payment will follow suit -
but by then you should be receiving some income from you business to
off set the debt.  There are going to be a number of unexpected
expenses the first year you are in business. This is where a business
credit card will really come in handy.  A good place to start looking
for a low interest rate business card - from a good company would be
http://www.creditcardcite.com/business_credit_card.htm  that is where
I obtained my card and I still have it today.
One last thing I would like to add - If your business doesn't grow as
fast as you hoped - then you can take advantgage of the low
introductory interest rates available on balance transfers.  If you
are smart you can keep your interest rate low for as long as you carry
a balance of more than 30 days. For all your business needs you will
find a business credit card something you  can't do without.