0
No small business loans are not so hard to get, following are the 3 way to get small business loan
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How hard is it to get small business loans?
A small business loan can be very hard to obtain without not having the proper type of paperwork. You would have to have good credit, a good job and some stability on the job.
Do pawnshops offer loans to people who are starting businesses?
they only offer loans for things that you bring in. no loans for businesses unless you bring in hard goods as equity. if you are looking for loans from pawnshops as a last resort, don't start your business.
Where can you get a loan for small businesses?
Your local bank should be the first option to get the personal or business loan. However, you can also opt for Hard Money Loans to get the funding instantly in less hassle and documentation. Additionally, the hard money lenders can provide you the desired amount of loan in much lesser time and effort.
Are consolidation loans hard to get with a credit score of 660?
Yes!
What is meant be commercial hard money loans?
Commercial hard money loan is a type of private funding for the people who need immediate finance to buy a property or close a land deal. Hard Money Commercial Loans is of great help for the people who are unable to meet the standard banking criteria, but has real estate and or assets that are sufficient to collateralize the loan to the investors/lenders.
Are business loans hard to get in this current economy?
When an economy is in a deep recession and many companies are going out of business or are losing money, banks are less willing to take risks in their lending policies. Thus, business loans are not easy to obtain.
Where can I find small business finance companies?
With the way the economy currently is, it will be hard to find companies that will give low interest loans. You're best bet will be to get a private loan or have a person invest in your company.
How hard is it to get small business loans?
A small business loan can be very hard to obtain without not having the proper type of paperwork. You would have to have good credit, a good job and some stability on the job.
How hard is it to get credit for a small business?
Very hard at the moment. Even the vetting criteria for SBA loans have been tightened in the wake of the credit crisis.
Is the Small Business Administration associated with the federal government and how hard is it to get loans approved by them?
The SBA is not a federal agency. If you are able to present a viable business plan to an SBA you can have a great chance at getting a loan approved.
How hard is it to get commercial loans or money to start my business?
It shouldn't be very hard if you have good credit. You may also see if you qualify for any special loans, for women or minorities, for example.
Which banks are best for corporate loans?
It is hard as a small business to get a loan but they are out there. A couple of the best places to go are JP Morgan Chase and Wells Fargo. You might also check out if there are any local banks in the town you are wanting to expand to they might be more willing to help a small business.
Do pawnshops offer loans to people who are starting businesses?
they only offer loans for things that you bring in. no loans for businesses unless you bring in hard goods as equity. if you are looking for loans from pawnshops as a last resort, don't start your business.
Where can you get a loan for small businesses?
Your local bank should be the first option to get the personal or business loan. However, you can also opt for Hard Money Loans to get the funding instantly in less hassle and documentation. Additionally, the hard money lenders can provide you the desired amount of loan in much lesser time and effort.
Is it hard to qualify for consolidating private loans in today's economy?
Consolidating private loans should not be a problem as long as you have a good credit score and have kept up with payments on your outstanding loans. Visit your existing loan companies or call and discuss your desire to consolidate.
Anybody knows good investors for Hard Money loans that can get loans outside California?
You could shop around for online brokers, consult loan agent federations, consult business angels.
What new businesses are best for this economy?
That is hard to say. Our economy is in a state of flux. Gas prices have made many businesses not cost effective. If I were just starting out,I would check with a local business group; most towns have a small business administration type group. They could help you get started. They say it is always best to have a business that you know quite a bit about already or something that you personally love to do.
