|
|
| *Loan,banking and credit>>>business credit |
Business loan on bad credit is this possible? |
I'm getting ready to start my own Residential painting company. I would like to get a business loan for things that would make everything much eaiser, such as a lot of new tools, a work vehicle, supplies, and other neccesitys. However, due to the fact I have split up with my ex I now have bad credit that has been bad for the last 3 years now. I'm still trying to get it all ironed out, but i'm not for sure if it' would even be worth my time to make a trip to the bank to ask for money? Is it possible to get a business loan with bad credit and if so what approach do I go into this with? I know how to make projections and things of this nature but could someone go into depth on how the "Business Loan" works from both sides of the table......from the individuals side and from the banks side (and how they will approve it" It is possible to get a loan if your credit is bad. If you have a good idea, and your business proposition makes sense you could get private lenders to help you. Private lenders may be more expensive, and sometimes upfront fees apply. Private leneders tend to work with you, regardless of your credit. what and who are private lenders? I believe its possible my sister has bad credit and she got a loan for a brand new car, so i believe its possible, go for it take a chance it doesnt hurt to try. If one bank dont help you go to another until you get help. thats what my sister did. |
| Tags |
| debt loan cash loans bad credit mortgage best credit card business credit chase credit citibank credit card credit application credit bureau credit check |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |