How can I get a loan to start my business?

business loan
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.

4 Responses to “How can I get a loan to start my business?”

  1. imisidro - February 16th, 2008

    I suggest you consider microloan providers. They typically fund up to $30K Read about the SBA Microloan Program

    Some banks extend what they call “small business lines of credit” often through credit cards. Those are easier to get and can be based on your credit history alone. They typically are up to $100,000. For example, Wachovia’s has various business lines of credits,,446_612_1399,00.html Their business line of credit can even be approved overnight,

  2. healthynaturalskin - February 17th, 2008

    Do a search on “investment angels” and name your state. This is worth a little investigation because apparently, there are wealthy people just looking for the right businesses to help get started.

  3. lzc5wh - February 20th, 2008

    There is a great place to go with this. I was in a very similar situation.

    This is getting help from real people without the use of banks or credit card companies. Good Luck!

  4. mike h - February 21st, 2008

    If you do not have a bad credit getting business loans are easy. It is generally seen that bad credit acts as an obstacle in the smooth running of a business. Are you also facing the same problem? No need to worry, as bad credit business loan is here to solve all your problemsbusiness dealings is bad credit business loans. You can maintain your perfect credit score as long as you pay off your installments in time. This credit score improvement can enable you to avail any future loan with better terms and conditions.