2007-05-26 18:14:34 · 4 answers · asked by Evans O 1 in Business & Finance ➔ Credit
Tell me where you could get unsecured business loans if you have a 700 credit score??????? There is no such thing from a bank. Just because it is a business loan it is still secured personally by the borrower. With a 500 credit score, 5 co-signers and a pocket full of hundred dollar bills wont get you this loan. Work on getting your credit cleaned up and then try.
2007-05-26 19:28:36 · answer #1 · answered by Dano N 3 · 0⤊ 1⤋
Seriously, go to the mob or some kind of local loan shark because I don't know of any business that will give you an unsecured loan for that much with your credit score.
Or if you have a good business plan then you may want to look for a private invester or a silent partner.
2007-05-26 18:25:07 · answer #2 · answered by Aaron Alan 2 · 0⤊ 1⤋
The SBA has various types of small business loans. The Basic Loan Guaranty program is designed for those small businesses who will not get the loans from the lenders. These loans are disbursed by the commercial lenders with SBA acting as a guarantor. The Certified Development Company (CDC) Loan Program is ideal if you want to buy a property or machinery to expand or modernize your existing operations. This is a long-term loan with a fixed-rate of interest.
2007-05-28 00:01:35 · answer #3 · answered by See Saw 3 · 0⤊ 0⤋
Having a good credit rating, helps a consumer get a loan or credit at better rates and for larger amounts.To know "How to improve credit rating, credit score" plz follow link-
http://www.acreditlibrary.com/improvecredit.html
2007-05-26 22:44:53 · answer #4 · answered by ram k 3 · 0⤊ 1⤋
Surely you are joking.
Try mom and dad.
2007-05-26 18:56:07 · answer #5 · answered by Judy 7 · 0⤊ 0⤋