Does anyone have any experience applying for an SBA start-up business loan?
templeofdoom1234 asked: I am wanting to apply for a small business loan. I have a solid business plan, a great location, good credit, but I have NO collateral.
Has anyone been in a similar situation? How did it turn out?
What is the most important factor in getting a business loan?
princessin_bluejeans asked: I am in the process of writing out my business plan for a start up company, of course I have very little capital and am considering a business loan. What would you say is the most important factor in getting a small business loan of say $15,000. I have no previous financial statements [...]
My partner and I are looking to start a business. What is a good credit rating to get a loan?
euphoricblaspheme asked: My partner and I are looking to open a retail establishment in Cedar Rapids, IA. We have a well thought-out business plan with complete market research and full numbers. I am curious as to what credit rating we should be seeking prior to applying for a business loan.
Thank you for your [...]
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.
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 get approved for a business loan with poor credit?
lmichelle31 asked: I have a great business idea and a very thorough business plan to back it up. I am 23 years old and have not had enough time or money to clean up my credit. Who or how can I share my idea with a financial institution who will invest in my [...]
How hard is it to get a small business loan?
sullycake asked: I am saving up $10,000 dollars to have up front to give to the bank and I have the business plan, menu and everything set up like that. I am almost 23 and probably will have the money by that time. I am also working on making my credit good and looking for [...]
How vigerous are banks when it comes to small business loan applications?
Claude asked: I just need to know because I need to submit a business plan & would like to know how detailed it should be. For example, should I hust give rough estimated prices for tools I will purchase or will I need written quotes. And will I need written proof for any other costs [...]
Can people with little income and a good business plan get a business loan from the bank?
Harve asked: I have a very limited personal income and cannot raise much captial for my business plan from others and myself. I want to know if it is really possible for someone with a well laid out plan to get a small business loan from a financial institution? I am sure it [...]
Once I receive a business loan, am I able to do what I want with it?
melly782 asked: After a bank reviews my business plan, and approves a loan for me, am I able to do what I need to with the money? In other words, would I be able to pull a salary to support myself from that loan? Thanks!