2006-06-21 04:16:47 · 7 answers · asked by kbenz100 1 in Business & Finance ➔ Small Business
if you can qualify as a minority there are programs available providing you have a business plan.
You can form a C Corp, and if 51% of the officers are female(preferable over 50), Hispanic, or Afro-American, or handicapped, you can most likely get it done.
Your first call should be to your local Small Business Administration. They could direct you.
2006-06-21 04:23:18 · answer #1 · answered by Nick R 3 · 0⤊ 0⤋
The Small Business Administration considers 50k + to be a small business. It may be easier for you to get backers for your business from local investors (like an attorney) who know you than to get credit from a loan company. It really depends on how bad your credit is and how much collateral you have. But, where there's a will there's a way, I think. Good luck !
2006-06-21 04:23:20 · answer #2 · answered by SpongebobRoundpants 5 · 0⤊ 0⤋
First you have to check your equifax and fico score,all 3 credit agencies- you can remove items 7 years old-then pay your bills on time.Then apply for a secure credit card.-75-200 DOLLAR DEPOSIT.
2006-06-21 04:34:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
probably not without an investor, co-signor, or both.... a loan is only as good to a bank as the signature on the dotted line... the new "company" doesn't factor into the equation..
2006-06-21 04:22:42 · answer #4 · answered by Dan H 2 · 0⤊ 0⤋
yes you can either meet someone with money and ask for a loan from them or go around and look for sponsers for your company.
2006-06-21 04:25:30 · answer #5 · answered by Jane doe 1 · 0⤊ 0⤋
Yes.
2006-06-21 04:21:05 · answer #6 · answered by sukh 2 · 0⤊ 0⤋
I highly doubt it...
The rich get richer and the poor get poorer.
2006-06-21 04:22:10 · answer #7 · answered by Vulcan 1 5 · 0⤊ 0⤋