How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby Craig » Mon Mar 01, 2010 2:22 pm

Dont have a house or collateral, want to start a small busness help?


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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby manish » Mon Mar 01, 2010 2:33 pm

No lender will talk to you unless you provide them with a valid business plan. Go to This link is hidden. Please JOIN FREE and LOGIN to view this link. , This link is hidden. Please JOIN FREE and LOGIN to view this link. or This link is hidden. Please JOIN FREE and LOGIN to view this link. for sample business plans and instructions on how to write a business plan.

Then, go to This link is hidden. Please JOIN FREE and LOGIN to view this link. 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.

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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby Murzy » Mon Mar 01, 2010 2:45 pm

Save as much money as you can. If you are not willing to put your own equity towards your idea then no one else will be.

Then do some research on writing a business plan. There are a lot of websites out there as well as books. Putting a professional plan together will help you get your thoughts in order and will definitley go a long way in securing a small business loan from a bank. Once you know exactly what you need (if you need a loan at all) dress professionally and be prepared to present your plan.

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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby justtryingtomakeadifference » Mon Mar 01, 2010 2:56 pm

If you have a good business plan , you can ask for a loan at Prosper, the ebay for loans. People may help you. More information at This link is hidden. Please JOIN FREE and LOGIN to view this link.

Government funding information is available at This link is hidden. Please JOIN FREE and LOGIN to view this link.

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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby Deepak011 » Mon Mar 01, 2010 3:07 pm

A small business loan is one of the most treasured commodities in the business world. It is still very hard to get despite the claims and promises of banks, credit unions, and other lending institutions that they want to help American small<!--business to survive and grow. In fact it sometimes seems that banks and other lenders want to see small businesses fail and only support those that survive the battle for customers, revenues, and finances during their first two years.

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Getting a small business loan is most difficult during these first two years, when most businesses face a myriad of challenges involved with not only opening their doors, but hiring and training staff and meeting the demands of customers, clients-->suppliers and vendors. The main reason that the banks use for not granting many loans during this period is like the same reason that a student can?t get a job coming out of school. They don?t have the experience.

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How can I get a small business loan, I dont have a house or alot of assets just a job that I hate. Help in AZ?

Postby shirtexellence » Mon Mar 01, 2010 3:18 pm


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