Financing a business?

With an excellent business plan and a credit score close to 800, does anyone know of any banks that would loan 100% of the money for a business? We have the plan and the score but have not really approached any banks yet (you know how they push you to run your credit and with an 800 score, you know we dont let our info out very easy) Just wondering if anyone knows of banks that do loan 100% out.

A little bit of info about the business is, it costs a bit over 500k and just over 400k of that is in assets. Revenue is over 1m per year with 190k cashflow. So are their banks out there that would loan the full 500k?

So, it's simple. $100K in a line of credit is fairly easy. But you are going to have to sign for it.

Now banks, really don't care about your potential. They have heard it way too many times.

So, for the 400K is in assets, you need a leases for those. My dog can lease equipment. The credit threshold is low on anything they can come pick up. So go to leasing companies.

I use 5points capitol. Have been very happy with their service.

I doubt it. Buisnesses are prone to failure. If you invest into it they will feel more secure in giving you money.

It's hard to answer your question because there is not enough information, such as what type of business is it,do you have partners and what are their credit scores, etc. A bank may ask for collateral.

These things will help determine whether a bank would give you a loan. You may have to shop around for a loan.

More information can be found at

http://www.betterbizbuilders.com

http://www.sba.gov/services/financialass...

http://www.businessknowhow.com/loans.htm

http://www.businessloan.org/

I wish you the best.