can u get a small business loan if you claimed bankruptcy before?
RisingStar asked: i want to try to get a small business loan soon but i have declared bankruptcy (chapter 13) a couple of weeks ago. i make a monthly payment, pay on time, and now i need a business loan to start a new business. would i get rejection because of the bankruptcy?
if so, where [...]
December 14, 2008
• Tags: Financial Assistance, Loan Business, New Business, Rejection, Small Business Loan • Posted in: Personal Finance • 2 Comments
Which is easier to get a bank loan?
mypassions4life asked: Is it easier for an existing business to get a loan versus a new business? Is the only way that a new company can get a loan from the bank is by using collateral or by getting a high percent on the loan?
December 13, 2008
• Tags: Bank Loan, Collateral, Loan Business, New Business, New Company • Posted in: Credit • 2 Comments
