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i just tuned 18 not quite 2 months ago and i am trying to start my own bussiness how can i go about getting a bussiness loan for a couple thousand dollars with no credit?

p.s. the company is mobile detailing...incase you were wondering what kind company only needs 2k.

2007-06-20 19:23:37 · 2 answers · asked by music man 2 in Business & Finance Small Business

2 answers

If you are individual, who has an entrepreneurial spirit, you can easily get a loan offered by the federal government. This loan allows you to start a small business. The department of Small Business Administration (SBA) acts as a guarantor for these loans. These loans are provided by banks or financial institutions. Very rarely, the SBA provides the loan directly.
Along with the SBA, certain other government agencies provide financing to small businesses through loans and grants.

2007-06-21 00:08:35 · answer #1 · answered by Anonymous · 0 0

Get a friend or relative to co-sign the loan.

2007-06-21 11:30:07 · answer #2 · answered by jdkilp 7 · 0 0

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