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My personal fico is under 500. I need a loan asap for my new advertising business(6months to date). I don't know where to look. The sba turned me down.

2007-11-12 06:39:28 · 5 answers · asked by Anonymous in Business & Finance Small Business

5 answers

Your fico score means little for a business loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.

2007-11-12 06:46:31 · answer #1 · answered by Anonymous · 0 0

1

2016-09-28 09:43:08 · answer #2 · answered by Malik 3 · 0 0

Hello Everybody,

I am James William, a U.K resident and a second year student of university of liver pool. Just a months ago i walked into the hands of some dubrious person(scams), when i was in search of a loan of € 4,500 Pounds to enable me fund my education since i lost my parents in a gharsly auto accident while they were away on vacation. the scamers parted with my € 540 Pounds, which i managed to gather from friends and families to enable me takr care of my bills for lart two months. I decided to tell Betsey.A.Braiaton who communicated the story to Adrew Fulp who happens to be my Vic president for academic services and has got link with various notable lending firm accross the globe. By this means using it to bring a globarlizetion to the world, many student and business men having finacial problems have been able to complete their education to bring a globar happiness around the world .
My happiness now is that i have not only gotten the loan(€ 15,000 Pounds) to pay my tuition them Harvey Loan Inc, piloted by Mr, Patrick Harvey, i have also been able to establish a chaned to allow me collect money at very low competative interest rate.
since they have assured me thet i can come for more funds as long i am a genuine person for requesting it and that there is a possibility of repayment at the stopulated time.i have never ever seen this kind of wonder in my life and i decided i will tell it to the whole wild world and i need every one to thank GOD for Mr Patrick Harvey, the man GOD used to rescue me even when all hope had been lost and gone and i will say to every one, no matter how dark and sinful the world is today, there are still GOD fearing and reliable people on earth and if you are in need or require a loan legitimately and Government approve lenders, i will advice you contact this loan lender and you can reach him via patrickharvey12@yahoo.com and i want you all to pray for this man for me and you will also tell the world your own story.

2007-11-14 20:17:20 · answer #3 · answered by Anonymous · 0 0

Hello
Greetings to you in the name of the lord,
Am Mrs Lesly Hill Walker a registered loan lender who gives out all kinds of loan to people financially distressed.Our loan firm gives loan to individuals amounting between $2000USD and $350,000USD. to business organizations, an amount between $50,000USD and $5,000,000,000.USD.

We offer loan help to people all over the world.
All applicants must be above 18years of age, and also have a paying job.
Our loan interest rate is 5% annually.
Applicants must be ready to provide us with a form of identification which could either be a drivers license or a national identity card, to put us on the safe side.


Services Rendered include:

*Refinance
*Home Improvement
*Inventor Loans
*Auto Loans
*Debt Consolidation
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans

The loan terms / condition shall be prepared and sent to you when you have dully completed the loan application form below
APPLICATION DETAILS LOAN APPLICATION FORM { ON LINE FORM }
PERSONAL INFORMATION
First Name:
Last Name:
Country:
Contact Address:
City/Zip Code:
State:
Gender:
Date of birth (yyyy-mm-dd):

LOAN INFORMATION
Amount Needed:
Purpose For The Loan:
Business Personal
Loan Terms & Duration:
Business Personal
Telephone:
Fax:
Name Of Company:

In acknowledgment to these details, I will send you a well calculated Terms and Condition which will include the agreement.
We hope to hear from you ...
You can contact me Via: (leslywalkerinvestment@yahoo.com

2007-11-15 20:35:43 · answer #4 · answered by Anonymous · 0 0

In order to get a loan you'll need collateral (your house, car, etc.). If you don't have that then your best bet is to find friends or family that can lend you the money.

2007-11-12 06:54:32 · answer #5 · answered by mollyflan 6 · 0 0

Write a business plan first. See what the profit potential, if any, is....& review your qualifications?

2007-11-12 06:44:15 · answer #6 · answered by smiling_freds_biz_info 6 · 0 0

Probably not going to happen - sorry.

2007-11-12 07:54:38 · answer #7 · answered by Judy 7 · 0 0

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