Bloans

Question: If i want to open my own business, where do i get business loans?

(Posted by: Michie on 2010-02-22 15:21:44)

Posted by: Ed Atun on 2010-02-22, 19:14:25

They are almost impossible to get for a new business. You have to start with friends and family. If you can get started and prove that your idea is working, the investors will come to you. There are "venture capitalists " in San Jose, CA. The problem is that they want 51% ownership of your business in return for giving you the money. You will get the money but they will own the business.

Posted by: JustSaying on 2010-02-22, 20:49:45

1. Decide what you want to do. 2. Complete a Business Model 3. Write a formal Business Plan 4. Go to your local SBA development Corporation with plan 5. Apply at the banks suggested by 4 above 6. SBA only guarantees your loan to a certain amount. The bank must want be willing to give you the loan with SBA guarantee. Good Luck

Posted by: Seattle on 2010-02-22, 21:16:18

Small business loan are a great financial help for small business owners. Without monetary support, a business, whether it is big or small, can not be run smoothly. With a small business loan financing in small business is always possible.Can a borrower with bad credit score apply for a small business loan? Yes, they can. With the availability of a bad credit small business loan, a bad credit borrower can also finance in his small enterprise. worldbestloans.com/ In the loan market, a bad credit small business loan is available both in secured and unsecured form. The secured option claims a security against the lending amount. Borrowers can use any sort of valuable object as a security it could be commercial or personal. Oppositely, the unsecured option comes without any such requirement. This option is appropriate for those entrepreneurs who are not interested in pledging their property against any loan.

Posted by: jone on 2010-02-23, 23:58:19

Hi, My names is Carmen Jones. I saw your question in yahoo answer .I decided to refer you to this God fearing man, because i have been SCAMMED twice by fake lenders. When i had bad credit, it was this man that gave me a loan of $45,000 to consolidate my bills you can get to him via Email: mrben_rume@yahoo.com. Tell him Carmen Jones referred you to him that he gave her a loan sometime ago. Goodluck, Carmen Jones