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I want to start a business with my associate - how do business loans work?

Question: I want to start a business with my associate - how do business loans work?

(Posted by: ozboybrian on 2010-03-07 01:52:56)

How do business loans work? are the repayments high, are your chances of getting them good? My friend makes about $45k a year, I've had work off due to family problems, contractor/ security guard, starting work again in one month, I can make 1- 2k per week. but yeah all help with be greatly appreciated, won't get a loan for a while obviously as would be hard but yes all help and suggestions would be great. thank you.


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