2006-06-12 09:48:39 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
good luck trying to get one..
hold off on another loan; work to pay off your current ones as of now..
2006-06-12 09:50:51 · answer #1 · answered by spartanerik 5 · 1⤊ 0⤋
Do you have a down payment? Or were you planning on a loan for the entire amount?
From the current owner, get the financial records of the bar. Dress up in your best suit and tie. Go down to your local bank and with the financial records present your case for the loan of the amount showing them that the cash flow will be sufficient to pay the loan payments with sufficient margin for error, your error. Be prepared to present your business plan. Do you have one?
2006-06-12 17:39:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Emland Financial.. They work their *** for you.. I had to finance Cosmetic surgery and my credit was maxed out at the time and they got me approved in 3 hours and my payment is SUPER low. Talk to Don Goldberg. I'm sorry I don't have their number
2006-06-12 16:54:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you cannot handle your own personal finances what makes you think you can handle a bar?
2006-06-12 19:31:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
1) get a co-signer
2) expect to pay higher interest rates
2006-06-12 16:56:14 · answer #5 · answered by Ralfcoder 7 · 0⤊ 0⤋