when do you make the first payment on a business loan?

lhfams asked: A friend and I want start up our own business and expected to need $225,000 for the building and start-up cost. When will a bank want us to start making loan payments? It will take some time to get enough customers to pay expenses, wages and a loan payment. How [...]

How can I get a business Loan?

roddy414 asked: I am twenty years old and I need a loan for about 10,000 dollars. My credit history is excellent for my age. The only problem is that I have no collateral to show any bank. My guarantee to pay is the hopeful success of the business I am trying [...]

Can you use a home equity loan for something other than a home?

curiousgirl asked: I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it’s not for a home & I don’t have enough collateral for the amount I’d like to borrow. I have [...]

What is a business license? How do I get one? Do I need one to apply for a business loan?

prestonwhitlow asked: I’m applying for an SBA loan for startup capital for a small business in NC. I’m reviewing the paperwork, do I need to get a “business license” and/or a fictitious name statement?

How do I attain a business loan from a bank, to buy/take over a currently-running profitable business?

Sal asked: Yeah, how do I get a bank loan? Do I need a business plan? Where do I begin? Please help, Thanks.

How do i go about applying for a new business loan?

Prince Of Light asked: How do i go about applying for a new business loan?
I am starting a new business by buying and reselling consumer electronics, what do i need to obtain a new business loan or a grant.
What do the banks look at before getting you approved?

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.

What are the terms of repayment on a business loan from a bank?

Shamoon asked: If I get a loan from a bank for a business, how do I pay it back? Is it compound interest, simple? Monthly payback? Annual?

what do I need to provide to qualify for a personal or small business bank loan?

Tipm asked: I am fairly new in the u.s here, will need some loan to do stuff, what are the requirement to qualify for such loans. I would gladly like to have an idea what the interest rate on such loans are for my planning. Bank want a one on one discussion on this issue [...]

Is it worse to not pay off a business loan?

Diggy D asked: I recently went out of business and have alot of debt, around $35,000 dollars in personal credit card and loan debt and 1 $9,000 Business loan, is the business loan worse if I do not pay it off, I currently cannot afford to pay it and they are threatening me with letters [...]