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I am also trying to find out what the different types of loans are out there.

2006-07-19 18:46:06 · 4 answers · asked by chuck 1 in Business & Finance Credit

4 answers

The business of lending is a dense one and should be researched properly. To get started, I suggest contacting the Small Business Administration (SBA). Entrepreneur also offers a great site dedicated to money & finance – see below for both.

Research, research, research – this cannot be stressed enough. Read as much as you can about the process. Here are some book titles that are relevant:

* How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series, No 1) by Bryan E. Milling
* The SBA Loan Book: Get A Small Business Loan--even With Poor Credit, Weak Collateral, And No Experience by Charles H. Green
* The Insider's Guide to Small Business Loans by Dan M. Koehler

There are plenty of free informational resources out there. Check the source box for links to articles.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Hope that helps! I wish you much success & happiness in all your ventures!

2006-07-20 05:07:40 · answer #1 · answered by TM Express™ 7 · 0 0

If you are looking for a commercial loan to purchase an existing restaurant, I can help you with that. Feel free to email me with any more questions you might have...

whoffman@morganfundingcorp.com

2006-07-20 01:56:03 · answer #2 · answered by LoanOfficer 1 · 0 0

check out sba.gov they do a lot of small business loans, and can give you help on finding the right one, and explaining them to you. Score.org is also a good place to start

2006-07-20 01:50:23 · answer #3 · answered by Snowshadow 2 · 0 0

Lots of info here.

2006-07-20 03:32:11 · answer #4 · answered by Anonymous · 0 0

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