Whats the best way to obtain a Loan for a start up business?
-
I'm trying to get a small loan for about 20K to start my own vending company. I don't know if its best to try for a SBA Gov. loan or a private loan through a bank, or maybe I should just get a very large credit card to do the job for me. Any input would be welcome! Thanx
-
Answer:
1) You have 30% of the start-up costs coming out of your own pocket. 2) You have a rock solid business plan. 3) You have industry experience in the field of the business that you are opening. 4) Have assets to secure the loan. That is the ONLY way you will get any kind of business loan.
Chris at Yahoo! Answers Visit the source
Related Q & A:
- Whats the best way to advertise online for a small business?Best solution by Yahoo! Answers
- Whats the best way to find a room mate?Best solution by Yahoo! Answers
- What's the best way to get a job in a restaurant?Best solution by Yahoo! Answers
- Whats the best way to repair a credit rating?Best solution by Yahoo! Answers
- What is the best way to negotiate a salary for a new position?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.