answersLogoWhite

0


Best Answer

Qualifying for small loans is easy and you only need to meet a few requirements - that may not be as impossible as you might think!

1. You must be a valid U.S. resident.

2. You must be an adult - 18 years of age or older.

3. You must have a job and earn a monthly salary.

  • the lender will not perform a credit check therefore, if you have bad credit, you can still qualify for small loans

4. You must have a valid checking account - for the lender to deposit your loan

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the riquirements to apply for a small loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can one apply for a small loan?

You can apply for a small loan at a variety of places. You can try your local banks or you can even check online to try to get a better rate.


Where could one apply for a small business loan?

A person can apply for a small business loan at their local financial institution. Banks such as TD Canada Trust, RBC and Scotiabank all have loan services.


What kind of loan do you need to purchase a piece of a small business?

You may either apply for a small business loan or a personal loan. Google small business loans


Where do you go for a small business loan?

The best way to get a business loan is to go to a bank and apply. You can also apply online at http://www.ezunsecured.com/ or http://www.merchantloans.com/.


Where would I apply for a small business loan in Atlanta to open a small flower shop?

You need to contact the Small business administration for help with a small business loan. Their website is sba.gov.


How do I apply for a small business loan?

To apply for a small business loan, first determine the amount of the loan and then provide detailed information of why you need that specific amount. Second, visit a local bank and provide them with that information and they will inform you that you need to fill out paper work for a small business loan. Third, the bank will check your credit score along with the loan material you provided and they will give you a decision.


What would a bank ask for when you apply for a small business loan?

A buisness plan.


Where can I get a loan to start a small business?

I would start by talking with your bank to see if you can get a loan through them. If not, they will be able to give you information on other places you can apply for a loan.


How do you apply for a sba 7a loan?

You would need to locate an institution that offers Small Business Administration loans and depending on the type you apply for depends on what information will be collected and used in the loan process.


Where should I apply for a small business loan in the midwest?

Bank Midwest offers small business loans throughout the midwest.


What agency can give me a Government Loan for Small Business?

The Small Business Administration gives small business loans. To apply you can search their website at SBA.gov.


How do I apply for a small business loan in Florida?

One way to apply is to stop by a local bank you are familiar with in Florida, however, you can do everything online at the Small Business Administration's website: sba.gov.