August 27th, 2009
raju79
born2win413 asked:
My friend is paying me to write her a loan proposal to the bank so that she can get the loan to open up her coffee shop. I need help on where to begin or can someone point me to a sample copy? Thanks.
Posted in Small Business
Tags: Bank Loan, Coffee Shop, Loan Proposal
August 22nd, 2009
raju79
templeofdoom1234 asked:
I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?
Posted in Small Business
Tags: Loan Personal, Personal Contribution, Personal Loan
August 9th, 2009
raju79
MLRatyahoo asked: -I’m 22 yrs old.
***Am I too young to be approved for a business loan?
-I am about $4000 in debt (from medical bills only) but I have small monthly payment plans that I’m keeping up with.
***If you can prove that you are paying your debts off and that they are only medical related—can you still be approved for a small business loan?
***What is the minimum amount they usually give for a small business loan? What is the usual amount?
***When applying for one, do you apply in person, or on paper? Do you have a chance to show your business plans to the bank? Because I want them to know how profitable it will be, and how quickly I’d be able to pay the loan back.
Basically what I’m asking in all of this is:
Is applying for a small business loan very black and white, or does it all depend on if they trust that your business, specifically, will be successful enough to pay back the loan?
***********Also: Any tips?
Posted in Small Business
Tags: Applying For A Small Business Loan, Show Business, Small Business Loan
August 8th, 2009
raju79
inspection338 asked:
I need to take at least a $250,000 loan to start up a flight school as a small business and I am not sure which type of loan I should be looking for. Help please.
Posted in Small Business
Tags: Flight School, Loan Business, Small Business Loan
July 21st, 2009
raju79
k81953 asked:
my husband and I applied for a secured sba loan and the VA offers to vets a secured loan called the patriot act loan.
we applied at the liberty mo branch commerce bank with the loan manager. it has been over 9 weeks and the banker states he’ll get with us when he hears back. rarely does he return my calls about inqury.
Posted in Small Business
Tags: Liberty Mo, Loan Manager, Vets
July 18th, 2009
raju79
crazygirl asked:
I want to open a little fashion retail store that cost about $100,000. What is the requirements I need to have so that the bank can loan me the money. What documents and information will they need from me for this loan?
Posted in Small Business
Tags: Bank Loan, Loan Money, Retail Store
July 13th, 2009
raju79
FunnyBear asked:
I’m looking for info on the loan process for small buisnesses. I’m going to stat a store in about a year from now. By what criteria do the banks go by when approving a loan?
Posted in Small Business
Tags: Banks, Book Store, Stat
July 12th, 2009
raju79
big_cat_1999 asked:
I am a small business wanting to expand with additional employees, office equipment and working capital. I need an individual who can loan this money as my personal credit is not good enough to get a business loan.
Posted in Small Business
Tags: Money, Personal Credit, Small Business Loan
July 10th, 2009
raju79
Chrissy B asked:
I am looking into buying a small business just outside of Denver, Colorado but I have no idea where to start as far as getting a loan. I have good credit but would only be able to come up with $2,000 -$3,000 up front cash. As far as assetts, I have virtually nothing. Is a business loan even an option in this situation? I need a loan for about $230,000. The business I am looking into buying is well established and very lucrative would this factor into the loan situation?
Posted in Small Business
Tags: Buying A Small Business, Denver Colorado, Small Business Loan
July 8th, 2009
raju79
shano 2006 asked:
Like if they leave the country, change they’re name, and cant be traced. im sure the loan company doesnt want to spend a fortune on locating someone. Ive heard sometimes the amount spent to track someone down can be as much as the loan itself. With interest rates offered of say 7 or 8% how do they keep afloat?
Posted in Small Business
Tags: Loan Companies, Loan Company, Loan Interest
