I have started my business 6 months ago. I am doing well, i got more customers than product to supply them. Now i need a business loan to grow my business and myself. I can prove the business plan and i have already made good money with my business.
I don't have any assests like car or office. i work from home. I am just 19 years old, i am in india
HOw do i find a business loan? i need around $15,000
my business is
http://www.impressiveleads.com
2006-10-26 12:52:05 · 4 answers · asked by Mohit Madaan 4 in Business & Finance ➔ Personal Finance
Do you have receivables? You can factor those but it's expensive in the light of they will deduct more from the balance of your receivables than a reasonable line of credit would be. However, try to find a bank that will loan you money against the receivables........
Also, try one of your better customers. If they are happy with your work, they might be willing to say, pay you faster for a discount price or loan you money to continue to build your business.
2006-10-26 17:54:11 · answer #1 · answered by MJ 4 · 0⤊ 0⤋
The EASIEST way to get money quickly would be to use a credit card...limited credit history required and if your business is generating good cash flows that might not be a horrible idea. If you need the money long-term you may have to take out a personal loan with some asset to guarantee with.
2006-10-26 16:08:23 · answer #2 · answered by Alex F 2 · 0⤊ 0⤋
i am mr chris a loan lender who gives out loans at low interest rate of 35.if you are interested in getting a loan from me do email me today at chris_pers_lender@yahoo.com
2006-10-31 22:44:29 · answer #3 · answered by Anonymous · 0⤊ 0⤋
BUSINESS PLAN... ForcastS...
!!!!!!!!!Good Luck!!!!!
2006-10-26 12:59:46 · answer #4 · answered by AZRAEL è 5 · 0⤊ 0⤋