I want to start a business. When asked how much capital I have to invest. Does this mean actual cash on hand?

Or can I take a small business loan to put towards the initial investment? I don't know where to start! I have excellent credit but little money saved in the bank to contribute.

Or can I take a small business loan to put towards the initial investment? I don't know where to start! I have excellent credit but little money saved in the bank to contribute. I should add that this business WILL require start up money.. it is not a consultative business. I will need a physical location (warehouse/storefront etc), supplies, insurance, small staff etc.

Go to http://www.score.org/template_gallery.ht... and download the Excel template for estimating start up costs.

No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.

Capital refers to the funds provided by lenders and/or investors to businesses to purchase things necessary for establishing business.

it could be actual cash on hand or already approved loan ...

Let's say if you have 100 Dollars cash right now you want to start business with then your capital is 100 dollars but if you apply for a loan of one 1000 dollars - it gets approved than your Financial capital is 1100 Dollars..

You can make a business plan & try to get a loan.

Capital is the combination of your cash and pre-approved loans, but seriously this is not a place to get financial advice. Go talk to your bank...they can assist you better and answer all your questions.

BTW, make sure you really are in contact with the SBA if you contact them via your computer...I had my credit card information stolen a few years ago and the people I dealt with online had me convinced they were following up on my SBA loan inquiries. I felt doubly bad since at the time I was in law enforcement and investigated online fraud...so you can see how easy it is to get ripped off online.

A small business loan is one of the most treasured commodities in the business world. It is still very hard to get despite the claims and promises of banks, credit unions, and other lending institutions that they want to help American small<!--business to survive and grow. In fact it sometimes seems that banks and other lenders want to see small businesses fail and only support those that survive the battle for customers, revenues, and finances during their first two years.

http://best-loans.awardspace.com/busines...

Getting a small business loan is most difficult during these first two years, when most businesses face a myriad of challenges involved with not only opening their doors, but hiring and training staff and meeting the demands of customers, clients-->suppliers and vendors. The main reason that the banks use for not granting many loans during this period is like the same reason that a student can鈥檛 get a job coming out of school. They don鈥檛 have the experience.

My name is Mrs rosie, and i saw your question about needing a loan,In the internet there are alot of scams , deceivers out there.I decided to answer your question for the benefit of this in dire need of loan, and to prevent you being deceived
I got a loan of $300,000 from an agency online and i was lucky not be scammed Contact them via email cris_financiallendingcompany@yahoo.ca... interest rate is quite affordable is simply great and unbelievable infact i will continue to pray for them for the chang they brouth to my life.they use a yahoo email account on our request because its makes contacting them easier
My email clay_rosie@yahoo.com