How To Finance A Small Business Knowledge Base
Any tips on how to finance startup cost for small business with no money down but excellent credit? We are going to sell autos on eBay motors and off our lot, auto detailing and repairs. We have been to a couple of local banks and just don't quite seem to fit their criteria. We've always been self employed in some form so our tax returns are pathetic. We don't have any money to put into the business which, well, that's why we need financing. Am I to believe that a business can't be started unless you have thousands of your own money to put into it? SBA apparantly requires 25% of the loan amount to be available from us as cash. If I had that money, I probably wouldn't need much of a loan. Anyway, I'm a bit frustrated because we're not fitting into the commercial lending 'box'. We are talented intelligent people with excellent credit but short on cash. Any ideas?
How to obtain finance for small business? I have a small business and want obtain abaoaut Rs. 2 lacs for smoothly running it. I cannot complete bank formalities. What are the other avenues for getting this support?
How do I as a Small Business report to credit agencies? I am a small business, but we finance parcels of land. How do I report to the credit agencies, I have looked at thier sites over and over and yes I guess I am missing something, cuz I can't figure out how to report the payments made to me. Any knowledgable help will be appreciated.
How can a minor (under 18) in the United States finance a small business? I need a loan, grant, investor, partner, etc. for startup costs. I don't want opinions. I just need as much information as you can give me. Thank you. I have a plan and am ready to go forward, but I don't have anything to invest. I am not going to sell the rights. I just want a straight answer to the question posed, like the answer by d_jayde_318.
How do I finance my business with no money down? I know I would obviously have to start very, very small, not take a salary, and devote a lot of hard work to make the business successful. What kinds of loans/grants are out there for first-time small business owners? Woman-owned businesses? Are there any incentives to start a business (like tax credits) in this economy? Where should I go to start the process? Thanks!
Using a 401k Rollover To Finance a Small Business? I have heard that you can take a non-taxable rollover from an existing 401k to invest in a new company. The procedure would be to establish a 401k plan at the new company, rollover all or part of your old 401k, then use the assets to purchase stock in the new company. Do you feel that this is a) Legal b) Sensible
I just started a small business i have two employee so far. One of them are asking a letter from work? which i suppose to write for him. My spelling and grammer sucks, and the letter is going out to some professnal office. Can anybody type for me what i should put on this letter of employment. I will fill the blanks if necessary. I need someone to write it professional. At least almost half page...Thank you. Category: Business & Finance > Small Business yes a letter of employment I will try to make it clear, Im the employer wanting to write a letter for my emplyee, that he works at my company how should i write it?
Any suggestions for organizing small business finances? Specifically I am talking about the scheduling and record keeping for a very small business with two employees. I am not a strong book keeper, my business is highly creative and I tend to lose track of the paperwork. Any ideas?
Where is the best place to get small business financing? I just started a landscaping business about a year ago. I ran into very hard times in the fall and got behind on my payments which really screwed up my credit. Now I am full with jobs for almost this whole summer but I need a loan to combined all my loans into one to make it easier to make the payments but I can't get a loan with my bad credit.
Does anyone have any information regarding small business financing? I am trying to buy into a franchise with a friend and my husband. We have a 4 year old bankruptcy and are looking for less than $100,000 to open. The problem seems to be that there are no tangible assets in the type of business that we are looking to open. Are there any suggestions of lenders that may be willing to loan or a direction that we should go toward? Any suggestions are greatly appreciated.
trucking and small business an finance? i'am a truck driver of 22 yrs;i'am going into the business of own ing my own trk i know that maybe this is the wrong time to enter the busn.but i got to give it a shot . i'am knocking on 50 yrs.old with a 10 n 8 yr old i want to leave something for my wife n kids is there any sites that i can go to to get finacil help without all th e hopla? i dont want fail in this indefer. i need to make it this is a tuff industry i'am in.i dont want to fail for my familys sake. esp cially for my family's sake i need to leave something for my kid s to have an optian to take over when they get out of college thi s is a tough industry to compete in with all the rules an regulatio ns i dont want to fail please help with some good solid advise
How banks in India can help me for starting up a small business.? I want to start a small business in India. I want to know the finance aspects, and how banks in India can help me in this. And what insurance cover should be taken to be in the safe side. If the business start up cost is X, then how much should be invested from own pocket and how much should be taken from from banks as loans.
Is it possible to recieve full financing on a small business loan? I'm looking to start a clothing retail business in about one year, and by then I'll have about one year's worth of credit (about to turn 18) history. Right now, I figure I'd need about 200k to get it up and running. My question is would it be possible at all to recieve full financing or should I take out student loans, invest them in the market, and use that for a down payment? Thanks in advance. Oh, and no bull**** solicitors either, I am not looking for a loan through Joe Schmo, the internet crook, I would just like to know how it can be done legitamentley. Thanks again.
How to start small business in singapore? Hi, I am a singapore PR, i want to start a small min mart with 30k SGD i am looking for the following. 1. Finance (How to get a loan form a bank for my business) 2. How much loan percentage i will get. 3. How to register my business with singapore government.
I am a finance professional. Want to set upa small business/ consultancy.? I also want to start a Social Responsibilty organisation as well. i am looking for people with same interest areas. Person should be highly passionate and dedication.We can start with small organisation and go on to scale up in few years. Please only passionate people respond from Capital markets in specific.
What resources do you know of to obtain financing to buy a small business? My husband's boss recently offered to sell him the company. It is a very lucrative company and we are very serious about buying it. I need some help finding institutions that will finance such an endeavor. Any information helps! Thanks Also, my husband has been specialized in that field for ten years as a foreman of the company and I have a Business Administration degree and a Masters degree in Accounting so we have those bases covered !
What is the best way for a mother to get a small business loan? My wife is a certified personal trainer with a masters degree in exercise physiology. She is now wanting to start a small business within this area of interest and I suggested looking into the "Curves" franchise. Startup fees for a new franchise are about $55-60K, and to purchase an existing franchise in our area is about $150-200K. Any ideas of how to go about financing such a venture. I have heard that SBA loans may be a good idea, but any feedback you have would be greatly appreciated. Thanks in advance.
How do i finance my business? I wnt to start a new business,so frm where i cn finance my business?I mean sources of finance,for small as well as large scale business,plz tell me in detail.TELL me the names of banks,organisations with their addresses frm where i cn get good amt.of loan,with less interest and easily available. THANX!For all ur answers.
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