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What is the best way to secure financing for a small business? |
I am thinking of starting one. Preferibaly I would like to talk to someone that already has a sucsseful business. I started my first business with a bank loan. When I paid it back early, they were my best friends and offered an even bigger loan (that I didn't need). My second business was started from my savings. Now everyone wants to loan me money to get businesses started. Find your local SBA (Small Business Administration) |
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Depending on the business and how much you need, you can always look to family and friends, banks are a good source with a good business plan. And then you may also look into a SBA loan. Good Luck.... Hope you have money to lose. Most small businesses go under! But, if you still want to loan money to a small business, I would think you would want to see some sort of business plan. Most busine... talk to some banks and see what they suggest also do you have a business plan worked out because that could make all the difference in the world if you have a good business plan and have you done a... Do you have property to use as collateral ? Hard money might be available. ...1. Family disagreements or misunderstandings 2. Micromanaging jennifer Helping others create income from home through education of the system and how it really works. ...You can get a mortgage loan where they "take your word for it" on your credit (or on your income, either one but not both together) from almost any lender. For ones where they don't ... very hard, but give it a go! good luck! ...Check out books at the library... they also give FREE seminars and information at the library on this exact subject ... I just read an article where a stay at home mom started her business from res... |
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