Sep
28
How Easy is it to get a Business start up loan?
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Dan asked:
I am looking to start my own small business. The business will be curchasing computer equipment and reselling parts and refurbished products.
I have 3+ years experience, and about $20K of my own money, and good credit. I also own my home, but with the housing market in a slump I may owe more on it than it is worth at the moment.
I would need an additional $50K-100K to start up.
With the economy the way it is, what are the chances I will get the kind of loan I need to get this business off the ground?
caffeine content
I am looking to start my own small business. The business will be curchasing computer equipment and reselling parts and refurbished products.
I have 3+ years experience, and about $20K of my own money, and good credit. I also own my home, but with the housing market in a slump I may owe more on it than it is worth at the moment.
I would need an additional $50K-100K to start up.
With the economy the way it is, what are the chances I will get the kind of loan I need to get this business off the ground?
caffeine content