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 [...]
I want to start my own business, how can I get a business loan?
selena r asked: I’ve been a District Manager for a sunglass kiosk in several malls. I’m ready to open my own kiosks selling crystal jewelry. I estimated getting a business loan for $3000-$5000. I went to a bank and they said, because I’m only 23 I will need a cosigner because I [...]
What are the responsibilities of a co-signer for small business loan?
E S asked: I don’t have great credit, so I’ve asked a family memeber to co-sign for a small business loan. What are the responsibilities of this co-signer? Are there other options for obtaining a loan without using a co-signer?
Thanks SO much!