Archive for August, 2008
getting a bank loan for my franchise in Vegas?
John T asked: When franchisors set liquid net worth and the net worth minimum you need to have to start the business
does that mean i’m not allowed to take out a bank loan to start a small food franchise?
Also, if I am allowed to take out a loan, do banks give you a loan based [...]
Bank loan or debt consolidation program for credit card payoff?
honhill asked: Due to a family tragedy, my husband and I are currently in $26,000 of credit card debt. All of the payments are current and the cards are paid on time with the accounts still open (we are not still charging, though). We are looking to seriously pay this down before the interest eats [...]
How much money will the bank loan me?
yborraver asked: I get 1000 dollars or so every 2 weeks I have a car worth 10,000 in collateral. I also would have a co signer with outstanding credit. btw loan is for a car.
so does the co signer weigh in heavily? wondering cause my dad has really good credit and a big saving account. [...]
How can you enter Business loan obligations in Quickbooks?
progress asked: I just started a small business and i’m using my personal credit card for the very first equipment. i just purchased quickbooks and i want to know how to enter the loan into the systems, so that quickbooks will see it has a business loan obligations that needs to be satisfied at the [...]
What kind of credit is needed for a large business loan?
jt6341 asked: I’m wondering what kind of credit is usually required for a business loan. I’m looking to buy a business but curious if a credit score of 600 could get a quarter million dollar loan?? The business generates major profits. Any information would be great. Thanks
Costs/Negatives to transfer house deed from my business to personal ownership to get home equity loan?
dougsuessegger asked: My business owns a home; and I want to transfer that home to myslef, in my own name. The home is paid-off. This will allow me to take out a home-equity loan. Are there costs/tax rammifications? Is there a negative I cannot currently detect? Thank you so much.
What percentage if any should I give a co-signer for a business loan?
flatop83 asked: I am going to open a new liquor store and need a co-signer to be able to get the entire amount needed for the loan. The business will be in my name and I will work 60 hours a week with 2 other part-time workers. I do have a couple of [...]
How do I find a small business loan from an individual?
big_cat_1999 asked: I am a small business wanting to expand with additional employees, office equipment and working capital. I need an individual who can loan this money as my personal credit is not good enough to get a business loan.
Is a home equity loan easier to get if your credit is not that great?
“g” asked: I want to do some improvements in my house and I think a home equity loan will be the best thing for me….Suggestions anyone….
Can an Australin take a bank loan in the USA?
struggling asked: Can an australian take out a bank loan in the usa where interest is lower to pay of his australian mortgage and then slowly pay of hi US loan.