How can I get a personal loan or someone to invest in my start-up business overseas?
seane.beard asked:
I am currently in the military and I get out in the middle of December. I am currently in the middle of starting up a Day Spa (Beauty Spa) for females (in Bahrain) and I have already invested about 85K in loans into the business. I have nearly excellent credit (which is why I got the loans) which I have maintained for about 14 years. Now, about seven weeks from opening, I foresee a shortage of about 30K. I have searched everywhere for another loan, to include the new Patriot Express Business Loan for the military, but, they will not loan for a business overseas. Also, the number of loans on my Credit Report doesn’t make it a great idea to apply for another one. In the first month, my projected revenue is 15K. This total will double itself over the next three months, which is why I know that someone either investing in my business, or granting me a loan, will receive back their loan in a short period, or their investment will be a positive one. Email or rspond w/answer. Thanks.
I am currently in the military and I get out in the middle of December. I am currently in the middle of starting up a Day Spa (Beauty Spa) for females (in Bahrain) and I have already invested about 85K in loans into the business. I have nearly excellent credit (which is why I got the loans) which I have maintained for about 14 years. Now, about seven weeks from opening, I foresee a shortage of about 30K. I have searched everywhere for another loan, to include the new Patriot Express Business Loan for the military, but, they will not loan for a business overseas. Also, the number of loans on my Credit Report doesn’t make it a great idea to apply for another one. In the first month, my projected revenue is 15K. This total will double itself over the next three months, which is why I know that someone either investing in my business, or granting me a loan, will receive back their loan in a short period, or their investment will be a positive one. Email or rspond w/answer. Thanks.
December 23, 2008
• Tags: Credit Report, Email, Loans, Seven Weeks, Start Business • Posted in: Personal Finance • 3 Comments
Why does the blue book and bank loan prices differ on car loans?
Julia B asked:
I’m researching a used car. Kelly Blue Book and NADA guides state the value of the car at between $5500 and $6300. I’ve haggled the sale price down to $4800. However, the bank Ive spoken with about the loan says they can only loan $3500 on the car. Why is there such a discrepancy between the estimated value and loan value?
I’m researching a used car. Kelly Blue Book and NADA guides state the value of the car at between $5500 and $6300. I’ve haggled the sale price down to $4800. However, the bank Ive spoken with about the loan says they can only loan $3500 on the car. Why is there such a discrepancy between the estimated value and loan value?
December 23, 2008
• Tags: Bank Loan, Car Loans, Kelly Book, Nada Guides, Nada Value • Posted in: Credit • 3 Comments
Getting a bank loan for final expenses?
Jaide112 asked:
My mother is in the final stage of life, and I was thinking of getting a bank loan to cover the cost of her funeral. Should I tell the bank what the loan will be used for or tell them something else? Will using the money for a funeral hurt my chances of being approved for the loan? Thanks in advance.
My mother is in the final stage of life, and I was thinking of getting a bank loan to cover the cost of her funeral. Should I tell the bank what the loan will be used for or tell them something else? Will using the money for a funeral hurt my chances of being approved for the loan? Thanks in advance.
December 22, 2008
• Tags: Bank Loan, Final Expenses, Money, Stage Of Life, Thanks In Advance • Posted in: Personal Finance • 3 Comments
Do you think i could get a business loan at 16?
Craig Gee asked:
I am only 16 but i am planning on going into Business With my dad, however because he went bankrupt a few years ago he cant get a Business loan. Would it be poss able for me to get one at such a young age without any qualifications. If it helps i live in the UK and im looking for roughly 30 grand.
His bankrubsy was nothing to do with buisness, it was things going on in his private life.
I am only 16 but i am planning on going into Business With my dad, however because he went bankrupt a few years ago he cant get a Business loan. Would it be poss able for me to get one at such a young age without any qualifications. If it helps i live in the UK and im looking for roughly 30 grand.
His bankrubsy was nothing to do with buisness, it was things going on in his private life.
December 21, 2008
• Tags: Bankrubsy, Business Loan, Dad, Private Life • Posted in: Small Business • 17 Comments
I run a home daycare in MA. Can I get a business loan to buy a bigger house?
MaryPoppins asked:
I can’t get a sufficent home loan (approved for $150K with previous income) due to some debt and not enough income. I have excellent credit 740 score. By increasing my license I’ll be making more money. But can’t do it in my small two bedroom. I’m wondering if a business loan can help me. I can provide a business plan. Just didn’t know if a business loan would cover enough to buy a house between $500K-$675K.
I can’t get a sufficent home loan (approved for $150K with previous income) due to some debt and not enough income. I have excellent credit 740 score. By increasing my license I’ll be making more money. But can’t do it in my small two bedroom. I’m wondering if a business loan can help me. I can provide a business plan. Just didn’t know if a business loan would cover enough to buy a house between $500K-$675K.
December 20, 2008
• Tags: Business Help, Buy House, Home Loan, Money, Score • Posted in: Small Business • No Comments
What is the best way to attain a small business loan when you have questionable credit?
pizzaman asked:
I am trying to open a pizza place and I am having trouble attaining financing. I was wondering if someone knew where to apply for a grant or poor credit small business loan.
I am trying to open a pizza place and I am having trouble attaining financing. I was wondering if someone knew where to apply for a grant or poor credit small business loan.
December 19, 2008
• Tags: Business Credit, Grant Business, Pizza Place, Poor Credit, Questionable Credit • Posted in: Credit • 2 Comments
Where Can I go online to apply for a unsecured business loan with out leaving my office?
freddie f asked:
Where Can I go online to apply for a unsecured business loan or personal loan with out leaving my office or home.
Where Can I go online to apply for a unsecured business loan or personal loan with out leaving my office or home.
December 19, 2008
• Tags: Loan Personal, Online Business, Personal Loan, Unsecured Business Loan, Unsecured Loan • Posted in: Personal Finance • 4 Comments
can u get a small business loan if you claimed bankruptcy before?
RisingStar asked:
i want to try to get a small business loan soon but i have declared bankruptcy (chapter 13) a couple of weeks ago. i make a monthly payment, pay on time, and now i need a business loan to start a new business. would i get rejection because of the bankruptcy?
i want to try to get a small business loan soon but i have declared bankruptcy (chapter 13) a couple of weeks ago. i make a monthly payment, pay on time, and now i need a business loan to start a new business. would i get rejection because of the bankruptcy?
if so, where could i go to get financial assistance to start a small business?
December 14, 2008
• Tags: Financial Assistance, Loan Business, New Business, Rejection, Small Business Loan • Posted in: Personal Finance • 2 Comments
Which is easier to get a bank loan?
mypassions4life asked:
Is it easier for an existing business to get a loan versus a new business? Is the only way that a new company can get a loan from the bank is by using collateral or by getting a high percent on the loan?
Is it easier for an existing business to get a loan versus a new business? Is the only way that a new company can get a loan from the bank is by using collateral or by getting a high percent on the loan?
December 13, 2008
• Tags: Bank Loan, Collateral, Loan Business, New Business, New Company • Posted in: Credit • 2 Comments
Can I get a home equity loan or do I have to re-do my mortgage?
mazey1967 asked:
I bought my home 4 years ago, and it appraised at $101,000. I bought it through a mortgage company, on a 30 year loan. Now that I can afford to pay a little more I’d like to redo my loan, and add my car payment on with it on a 15 year loan. The problem is that the mortgage company had a stipulation that they got to do my 2nd and 3rd mortgage, which they want to charge thousands of dollars in fees to do. Can I go through my local bank and do a home equity loan using my house as collaterol, and pay of the mortgage company?
I bought my home 4 years ago, and it appraised at $101,000. I bought it through a mortgage company, on a 30 year loan. Now that I can afford to pay a little more I’d like to redo my loan, and add my car payment on with it on a 15 year loan. The problem is that the mortgage company had a stipulation that they got to do my 2nd and 3rd mortgage, which they want to charge thousands of dollars in fees to do. Can I go through my local bank and do a home equity loan using my house as collaterol, and pay of the mortgage company?
December 13, 2008
• Tags: Bank Loan, Collaterol, Home Equity Loan, Mortgage Company, Stipulation • Posted in: Renting & Real Estate • 7 Comments










