Forums: Discussions for entrepreneurs and small business.

HI,my names jeff mccartney,if you are reading this i would like you to understand that i am not trying to give you a loan im only trying to direct you to where i got mine from.4months ago i seriously needed cash but i was directed to worldcare cycle,a philantrophic loan granting organisation where i was loaned $8,000 to start up a beach side store in hawaii.i,my girlfriend and my younger sister currently proit from this store.you could try them out at worldcare.8m.com

The previous posters are correct - even having a small business account still ties to your personal credit. That`s one myth that`s been spread far and wide through the Internet. From trying to startup a small restaurant here in Houston it is pretty tough. Banks don`t like to lend money for restaurants. I would say 200K would get you through one year of operating expenses.

I would do my best to try to save at least 50-100K then go to a bank for the loan and use your savings as collateral. Or try to find a business partner.


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No Eternal Reward Will Forgive Us Now for Wasting the Dawn.

If you are trying to get financing based on your personal credit score alone, a 638 is probably not gonna be enough. I would suggest working on getting that score built up a little bit more and also building a strong business credit score. With the two combined, you should be able to qualify for some financing.

 

 

This is a good article. Improve credit score is quite difficult but not impossible. But an extra bit of advice which helps to improve your credit score. Always pay your bills on time. Late payments play a major role in driving down your score. Don't close unused accounts, because zero balance might help your score.

Cash loans

 

 

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Improving credit score is certainly a good idea but meantime why don't you try applying for loans that are little linear and have no much requirements. 

 

I recently used a service where they don’t charge you an application fee, success fee or origination fee to help you get a loan for up to $50,000 and grants of up to $250,000 – in fact their services are 100% free and it has worked for my folks and could very well work for you: Loan & Grant Package. I was approved in no time and just followed the suggested requirements.

 

Good luck

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