Does anyone have any information regarding small business financing?

I am trying to buy into a franchise with a friend and my husband. We have a 4 year old bankruptcy and are looking for less than $100,000 to open. The problem seems to be that there are no tangible assets in the type of business that we are looking to open. Are there any suggestions of lenders that may be willing to loan or a direction that we should go toward? Any suggestions are greatly appreciated.

I don't know who might be a good source of financing on this deal, but here's a source that may very well be able to point you in the right direction. And if you do decide to open this or any other business, they can provide a wealth of great information on how to do so.

Service Corps of Retired Executives (SCORE): A national organization sponsored by the Small Business Administration (SBA) of over 13,000 volunteer business executives who provide free counseling, workshops and seminars to prospective and existing small business people. There are 389 chapters nationwide. For more information, call them at 1-800-634-0245 or visit their web site at: http://www.score.org

Do not get into any small business unless you have a 6 month cushion of savings. Do not expect to take a 100% loan. This is not the smart way. Save first.

When i opened my own business, I had over 2 years worth of savings that would keep my family afloat even if the business did not bring any income. This savings were gathered from a low paying job. Do not think i was working in a great job.

where do you live. try the state economic development program.

this is one in new jersey http://www.njeda.com

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