Meghan
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Any financing company will want you to invest a certain percentage in your own business. You need to have a strong, well laid out business plan and do alot of research. If you don't have a job, that might be okay. If you have no credit, then they have no idea if you pay your bills on time and will most likely not take that risk.
But having alot of experience and contacts in your field could give them incentive.
I would call the local Small Business Administration and meet with someone from thier office. They can help you draw up a business plan and know of traditional and alternate financing that may be available to you. |
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Ash
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depends, if the business look reli promising you can get people to "sponser" you. but other wise no..go get a job an try then... |
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Spock (rhp)
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not in America.
you start a business with capital -- that's money you saved from your job and didn't spend. |
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Elaine M
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It may be impossible. Nobody wants to float a loan if you have no way of paying it back. Many small business people start with asking for loans from family members first. |
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Sarah P
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chick
http://www.orbitbusinessloans.com
http://www.orbitmerchantsolutions.com/ |
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James
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Hello,
You need Business Loan or Government Grants for starting small business.
Here are many cousultants ready to help you.
This is a list of Business Loan lenders, choose which one is best for you,
http://business-loans1.blogspot.com/ |
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Donovan
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A small business loan is one of the most treasured commodities in the business world. It is still very hard to get despite the claims and promises of banks, credit unions, and other lending institutions that they want to help American small<!--business to survive and grow. In fact it sometimes seems that banks and other lenders want to see small businesses fail and only support those that survive the battle for customers, revenues, and finances during their first two years.
http://best-loans.awardspace.com/businessloans.htm
Getting a small business loan is most difficult during these first two years, when most businesses face a myriad of challenges involved with not only opening their doors, but hiring and training staff and meeting the demands of customers, clients-->suppliers and vendors. The main reason that the banks use for not granting many loans during this period is like the same reason that a student can’t get a job coming out of school. They don’t have the experience. |
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Initial Underwriting Group
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A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.
However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.
When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own.
Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information.
Good luck,
Ilya Bodner
Small Business Owner
Initial Underwriting Group |
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es
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Maybe from a relative or good friend that trusts you. Not from a bank or credit union though. You have to earn credit by evidencing responsibility in paying timely, and must have a source of income. |
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live4_2day
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I can show you a way that is very affordable to start a great business with us. If you are serious contact me at live4_2day@yahoo.com |
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clever girl
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Sorry. it will never happen. I wish I could be more encouraging. I started my own business and went through all
of that. The only way is borrow from someone who trusts and believes in you. Good Luck |
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DanKush
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No there isnt. Even with a good business plan I doubt that they would give it to you. I know because I have thought about doing the same thing. The best way to get money would be from family, but even then that kind of money would be hard to get. |
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