Damon g asked:


small business loan low interest for amerasian , us citizen since 1998

i3ennett asked:


well i live in a small town but the fastest growing in nevada, fernley.
there isnt much to do around here, wal-mart bowling mc donalds ect.

i wanted to open something that would change all that something cool like a movie theater outdoor or indoor [i love drive ins XD maybe bring them back from old school and make them awsome again]

but, i will be turning 18 next year with about, 15k to my name? does anyone know of ways to get money to built this kinds of things and if there are requirements for me to pass in order to get these loans or even start the theater? i saw an infomercial about government loans and supposedly they just “give” out money for stuff like this so im like *** cant be true, because it was on late those “paid programming” shows so yea, help ?:D

nightmusic asked:


I am thinking of starting a small business. I haven’t done all the research yet but I think when I do, I’ll find there is a market for my idea. If I do that, where can I borrow some money? I don’t really have good credit. I think it’s 625. I don’t know how good or bad that is. But my work histroy is erratic. It’s not really that erratic. I’ve been employed on and off at one place for five years. Mostly on, but with gaps. Right now I’m not there. Also the place I work, I get tips and I’ve never declared them, so I can’t prove any kind of decent income. I’ve heard the government makes loans of this type. How do I find out about it and how do I qualify? I only need about $3,000

Jen E asked:


I have been thinking about starting a small business for years now.

Does anyone know anything about this or how to get started? Would I just get a loan from a bank? I have heard of some people getting grants from the government, anyone know if this is true?

Bonnie B asked:


All the time I am seeing commercials about “government loans”. Especially for small first time businesses. Just how does one go about applying for these and is it a huge pain in the ****?? Thanks for any answers

mar asked:


where in canada/ontario can u apply for a government grant or loan for a business that has just opened and needs financial aid to keep it open? i have searched the internet for hours but have not found what i am looking for.

Initial Underwriting Group asked:


The reality is that 99 percent of banks are in great health. According to Jack Palmer of the Crescent News “the vast majority of America’s banks are well capitalized and are operating in a ‘business as usual’ mode.”

It is true that the nation’s financial system is in a crisis. The government is running out of choices, hoping that a $700 billion plan to buy back toxic debt will regain confidence in the credit sector of our economy.

Let’s stop here for a minute. How is this affecting you?

Centrix Bank CEO Joseph Reilly said, “We have continued to do business as usual” while monitoring the disruptions in the financial markets.” And this statement holds true for almost every lender that concentrate their portfolios on small business lending.

The bailout is aimed at 117 major banks that are borderline insolvent and need to get their foreclosing sub-prime mortgages off the books in order to operate day-to-day. Those banks, most likely, will use up hundreds of billions to restructure.

And while they do that, solvent and profiting lenders are seizing the moment to make some headway in the lending market. Kelly Spors, of the Wall Street Journal, takes the time to list a few alternatives in her recent article. She suggests that small business financing are still available today and it is time to start thinking outside the box.

Sincerely,

Ilya Bodner
Small Business Owner
Initial Underwriting Group

*Breaking Down The Barriers To Small Business Financing*

www.initialunderwriting.org
www.strongbusinesscredit.com

Sources:

-http://www.unionleader.com/article.aspx?headline=Small-business+owners+try+to+ride+out+the+storm&articleId=934adf1e-ac79-4733-ac4a-f1cedf433450

-http://online.wsj.com/article/SB122256833525883041.html

-http://www.crescent-news.com/news/article/4434483

mkrj0530 asked:


Hi,

I have worked for over 2 years developing a fantastic business plan and putting together a company and an idea to try and thrive in the US. Me and my business partner are now ready to take the next step. We need 260,000.00 in a start up loan to cover all initial costs. I will actually be working for free for the first few months to make this happen and so will he. We are excited and thrilled but are now facing our biggest obstacle. My credit score is a 700 his is a 600. We need to find a lender. The government just passed a bailout package and I think now would be a good time to go on this.

Where should I go to get a loan considering my collateral will not be very high because of my young age?

The sba is my frst thought but the red tape ***** so bad. I was also considering other financial institutions but I am unaware of their collateral proof requirements. Please offer me some advice and help me determine our next step to find a lender. He will cosign with me.

Thanks

Aaron W asked:


Are there special loans for small businesses? What about government incentives? I have no clue.

Simply_Cynical asked:


An Atlanta family that was featured on “Extreme Makeover Home Edition” is getting their mini mansion, built by the show, foreclosed Aug. 5. This family not only got a home built, but they construction company employees and company partners also raised $250,000 in contributions for the family, including scholarships for the couple’s three children and a home maintenance fund.

The family took out a $450,000 mortgage to start a construction business that failed.

I don’t understand what possessed them to do this. I just can’t comprehend why. There are small business loans, government backed loans, all sorts of stuff to start a business. Are these people really just that ignorant to lose a home that was donated to them, worry free!

What do you feel about this?