Let's Talk Business

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

Marcus asked:


I know you get a tax break when you go for an interview and incurre any expenses, if you get the job.
My question what if you dont get the job do you still get a tax break?

If you can get me proof or evidence on this even better