I am interested in buying a coin luandry business (200K). I am only 19 but should have good credit with credit card and car loan. Would it be possible for me to get a loan at 10% down or under? Maybe if my dad co-signed and or i had a partner?
2007-06-04 14:08:16 · 3 answers · asked by Anonymous in Business & Finance ➔ Small Business
At your age, and without significant collateral, getting someone to co-sign is probably the best bet to got a loan of that size.
2007-06-04 14:38:07 · answer #1 · answered by jdkilp 7 · 1⤊ 0⤋
Yes you should be able to get a loan. The provider will want some form of collateral first though so a partner or co-signor who could meet the repayment of the loan would be needed. Try my profile under debt for more loan resources.
2007-06-04 14:25:54 · answer #2 · answered by Ads 2 · 0⤊ 0⤋
If you plan to pay back the money , you can ask for a loan at Prosper. More information at http://www.acreditlibrary.com/prosper.html . You can also try your luck at online charities, people may send donations. More information at http://www.laodn.org/
2007-06-06 03:17:22 · answer #3 · answered by chrisstophe1975 2 · 0⤊ 0⤋