lilpichie profile image 73

Is there any resources out there that will assist someone with a business loan who has bad credit in

asked by lilpichie 4 months ago

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HubChief profile image

HubChief says

there are a lot of grant programs for small business owners at SBA.gov. Check that out, if you have not done that yet!

http://www.sba.gov/smallbusinessplanner/start/fina

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dfydbatterman says

SBA.gov has small business loans out there. Look under the Recovery Act as well. There are "hard money loans" but you will pay very high interest rate. You can always have family "invest" in your business (not really wise; but it depends on how bad you need the money). There are payday loans; credit cards still have some cash carry. (also depends on how bad your credit is / if you have a credit card).

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melvin147 says

i will to refer you where i borrowed money from 2months ago when i was in urgent need of a loan, the RECESSION LOAN FIRM manage by Mr. George he will help you out with amount you are looking so contact him now via email recessionloanfirm@yahoo.com

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Jeff Ragan profile image

Jeff Ragan says

Hi lilpichie;

I've been self-employed for 28 years. I could not find a loan even with good credit.

I suggest you start your business on a small amount of seed money and build the business from your profits and forget about financing.

It's hard to find money right now anyway.

Not what you want to hear, but it's the truth.

Jeff

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