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How can you get a small business loan if you have filed personal bankruptcy?

2007-04-23 13:11:26 · 7 answers · asked by Carolyn B 1 in Business & Finance Small Business

7 answers

Tough to get a small business loan for a new business under any circumstances. Generally, you must guarantee the loan yourself, but if you've filed for bankruptcy, that may not be possible either. Contact the Small Business Administration to see if you qualify for any of their programs.

2007-04-23 13:14:51 · answer #1 · answered by Still reading 6 · 0 0

See your bank and other banks so you compare the rates and then decide who to go with.
I work in a real estate company and can give you several bank contacts if you like. Eventually I will also will be a loan officer soon. And good luck on your small business.

2007-04-23 13:15:11 · answer #2 · answered by BettyBoopGirl 5 · 0 0

Hi.

I am corrine and i saw your question about needing a loan,In the internet they are alot of scams out there.I decided to answer your question to prevent you being scammed.
I got a loan of $150,000 from an agency online and i was lucky not be scammed.
Contact them at email:richards_loan_agency@yahoo.com,Their interest rate of 0.2% is simply great.

Corrine

2007-04-27 01:30:35 · answer #3 · answered by Corrine G 1 · 0 0

There is a really cool new loan alternative that is available on a web site called Prosper.com. Prosper.com is a peer-to-peer lending alternative that removes the big banks form the mix and places people who need money in contact with people who are willing to lend it. The way it works is that people who need money request it, and other people bid for the privilege of lending it to them. Prosper makes sure everything is safe, fair and easy. So, in yoour case, if you are looking to apply for a loan to start a small business, you can apply for a loan with that as a goal.

On prosper.com my partner and I have established a group called Addventure Capital. We are two professionals with 20+ years experience in the financial services industry. It is our goal to help people like you by helping people get loans to meet their individual needs and helping you get your loan funded. We will personally endorse your loan request and consider investing in your loan ourselves. Follow our guidance and you’ll have the best chance of getting your loans funded. We have clear – mathematically proven – strategies to maximize your chances of getting the money you need.

In order to take advantage of our services you need to follow the link below and join our group. Through analysis we have found that the most important factor in whether a loan gets funded on prosper.com is a group leader endorsement. If you join our group and apply for a loan through prosper.com via our group we will endorse your loan and help you get it funded.

For more information follow the link to:

https://www.prosper.com/groups/group_home.aspx?group_short_name=AddventureCapital

Click on “Join Group” on the right side of the screen and everything else should be self-explanatory.

2007-04-24 14:53:51 · answer #4 · answered by FinanceGuy 1 · 0 0

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2016-10-03 11:27:36 · answer #5 · answered by ? 4 · 0 0

Wait several years while you rebuild your credit. Not what you want to hear, I know.

2007-04-23 13:15:14 · answer #6 · answered by Judy 7 · 0 0

add a minority partner w/ good credit:::

2007-04-23 13:22:46 · answer #7 · answered by Space Coast Virtual Services 4 · 0 0

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