Archive for February, 2008

What is the easiest Business Loan to get (to start up a business)?

xmelax35 asked: What is the easiest Business Loan to get to start up a business? Need either names or links, please. Oh it is for a small business or less than 4 employees, but a business that will do well in profits.
Thank you.
Oh and it is not a matter of bad credit. [...]

Will applying for a bank loan lower my credit score?

Just a Girl asked: I am in the process of raising my credit score, but would like to take out a relatively small bank loan (not apply for a credit card). Would this affect my score in anyway? 10 points for the most thought-out precise answer.

Why is it if a parent signs a bank loan for a 17 yr old and he won’t pay the parents have to pay “But” when?

Erudite#1 asked: But when they sign for the 17 year old to go into the Marines and he doesn’t go why is it the Parents don’t have to serve in the Marines. After all they signed for him to go in the Marines. So if he can’t finish his 4 years shouldn’t the parents be [...]

February 21, 2008 • Tags: , , , • Posted in: Military • 9 Comments

What needs to be submitted with a business plan for a small business loan?

erinjstarrv2 asked: I’ve finally finished my business plan but need to know if there is anything else I need to submit with my application for a small business loan. This is a startup so I don’t really have any other documentation to submit. Any info is appreciated!

How do I loan money from the bank to open a small business?

crazygirl asked: I want to open a little fashion retail store that cost about $100,000. What is the requirements I need to have so that the bank can loan me the money. What documents and information will they need from me for this loan?

can i get a home equity loan on a home i just bought that i was gifted equity in it?

stephanie b asked: we are buying a home from my mother. she is gifting us the equity in the home. can we get an equity loan at the same time as we get our home loan or do we have to wait and how long?

If you default on a small business loan do you have to pay it back?

charlemagne8410 asked: Also, if you have to declare bankruptcy on a small business loan will it affect your personal credit?

How can I get a loan to start my business?

wago asked: I can’t get a personal loan and business loan from a bank such as Bank of America and US bank. Do you have any other else resouse? I think I need around 20K to 30K only.

I want to buy an exisiting business, where should I go for a business loan?

KarenB asked: What is the process? Also, I have heard there are special loan programs for women in business, any information on that would be appreciated as well.

What happens when you can’t pay your small business loan?

cbell31 asked: I am looking to form an LLC to buy an existing business. I am looking to secure a loan. My biggest fear, as anyone’s would be, if the business fails, what happens to the loan? Its a retail business so there will be assets that can be sold but what [...]