getting a business loan without any credit or bad credit possible?
I have fresh credit and a credit card that has nearly 1k to be paid off. I need to get a loan to open a business, about 6k. Is this possible and where is this possible?
Public Comments
- I doubt very much if any lending institution will lend money without some collateral especially if you are starting a new business. Most would ask for personal information, the assets you own, cosigners on the loan etc. banks are notorious for wanting to lend you money when you don't need it .
- 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. http://best-loans.awardspace.com/businessloans.htm 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.
- Hi I am Mrs. Angela Scolari and a frequent reader of the yahoo answers , once I had a problem in finding a legit institute where I could be granted a quick easy and negotiable loan, I was scammed and cheated twice by some internet hoodlum who pose as a real loan lender, it was really a bad experience and now this is my personal crusade to help person’ from falling into same hands like I once did, after much try I was advice to contact the mainland trust fund organisation based in the United Kingdom for a loan which I did and am for ever grateful, you can contact them today and I want to believe you would also find solar in them. Contact email address: mainlandtrustee@yahoo.co.uk Regards Angela Scolari
- If you are individual, who has an entrepreneurial spirit, you can easily get a loan offered by the federal government. This loan allows you to start a small business. The department of Small Business Administration (SBA) acts as a guarantor for these loans. These loans are provided by banks or financial institutions. Very rarely, the SBA provides the loan directly. Along with the SBA, certain other government agencies provide financing to small businesses through loans and grants. To avail of this loan, you have to submit the business plan that you have chalked out along with your abilities to indicate that you can handle the business properly. http://debts-to-wealth.com/category/Government-Small-Business-Loans.html
- Hi, I just a nightmare on the same question you asked not until last week when a good samaritan referred me to Yorkie who helped me with a loan last week. So,am only referring you to him if you seem interested because xmas is already around and he is as fast as you can think.He can close the funding Asap. He can be reached at this email ads: alexxyorkie@gmail.com alexxyorkie@hotmail.com. Good Luck..... H (Iowa)
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