loan,banking and credit
*Loan,banking and credit>>>business credit

Can someone with bad credit get a business loan. for a small business?



Also Let say i clear my debt up it's not much of a debt under 10,000 so would that still hinder my chances on getting a business loan even if i had a buisness plan created? With my debt clear... Would i have to have a co-signer? does my co-signer need to have good credit! if so would he have good credit if he has made mortage payments for over 3 years?
THanks

I've looked into it and you have to have enough assets that you own to equal or add up to more then what you borrow, and the bank your dealing with may look at you like if you can't keep good credit you maybe a bad risk.
Once, i was talking to this guy about how to start a business because my boyfriend wants to open his own. But he doesnt have much credit of his own. So the guy gave me this idea...bring something to show that you will be successful to the guy you want to get the loan from. I know this sounds strange but for instance my boyfriend wants to start a bakery...so he would bring a batch of my best cookies or pastries. also make sure you have a business plan...if you are really serious about this..show him how you expect to pay for it...good luck.
Here are many compnies offering bad credit loans. No matter how poor/bad is your credit you can apply for loan,
http://badcreditsloans.blogspot.com/...
Tags
debt loan cash loans bad credit mortgage best credit card business credit chase credit citibank credit card credit application credit bureau credit check
Related information
  • Can someone with bad credit get a business loan. for a small business?
  • What agency regulates credit reporting agencies (business)?
  • Companies offering loans to businesses who accept credit card payments?
  • I have a new small business. How can I establish credit for my business quickly?
  • I have an open line of credit for my business. Where do I record the balance in quickbooks?
  •    

    SiteMap--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.