i'm trying to start a restuarant, i have good credit but i don't own anything such as a home, so would i qualify for a loan?
2006-07-23 21:29:05 · 1 answers · asked by jonb4more 4 in Business & Finance ➔ Small Business
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.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-24 07:10:57 · answer #1 · answered by TM Express™ 7 · 1⤊ 0⤋
depends on what sort of security you have
2006-07-23 21:33:17 · answer #2 · answered by eric 3 · 0⤊ 0⤋