Posts Tagged ‘collateral’
What are the best types of business to open?
I have a small capital and I also have two cars to put up for collateral to the bank to get a new business line of credit. I have a few ideas for a business but i don't feel to strong about them. I just graduated college and i am NOT EVER going to work for anyone else. I want to open my own business.. Does anyone have any good business ideas in an [...]
Are there any resources out there for women starting a business where NO down payment is required?
I have searched and talked with so many different organizations about getting a business loan including SBA, commercial banks, and state funded organizations set up for funding small business owners. I have the business plan, the statistics for future sales and I have the collateral. What I don't have is money for a down payment even if it's [...]
100% equity in home… need loan advice?
hey all, i'm a 21 year old college student majoring in music (production/recording). i just purchased my 1st home cash/outright. i lost my mom in 2001 when i was 13 and used the modest life insurance policy she left for me to purchase the home. after losing my mom i moved in with my grandmother and lost her in 2004 after a year long battle [...]
Is it true that every U.S. dollar is loaned into circulation as debt, creating principal but not interest?
...and therefore totally unpayable? I asked something similar earlier but didn't get an answer to my satisfaction. I understand that the privately owned (though govt chartered) Federal Reserve buys treasury bonds with money it issues from nothing, and that the interest the U.S. owes on the bonds the Fed holds can only be paid by selling the [...]
Need small laon for 3 months?
I have a small company and our work truck died. I have a chance to replace it, but need a loan. Hard to believe but I built the business without ever establishing a credit line or much of a credit history. Now I need 3,000.00 for 3 months (3 month is a worse case scenario) quite often a single job can pay off this loan but don't want to promise [...]
Can anyone tell me where to locate startup funding for small business opening by a female?
Caucasion female I have recently purchased the entire stock and equipment from the only Live Bait and Tackle shop within a 25 mile radius. Large rural town with alot of streams, rivers, lakes, and ponds. High demand for Live Bait year round. Have researched Gov. Grants with no success. Have checked about an SBA loan and was told the business was [...]
What's best way to raise money to start a small business?
I noticed an area that really needs another gas station. I thougtht of the idea when I was standing in a long line at the 1 and only gas station in this area. All 4 registers were in operation and the lines were still about 5 people deep. My credit sucks and I don't have anything to use as collateral, but I think this is a slam dunk. How can I [...]
Small business loan with no credit, no income to speak of?
Here's my dilemma. I've been recording my band and other bands around the area for 7 years now and I'd like to start a recording studio. I just graduated college and have no job at the moment. (Summer job lined up, but not much money) I checked with my bank about a small loan and was told that I need at least 30% of that money to apply. I also [...]
Help with Credit Card Debt?
I am a 21 year old College Student with about ,000.00 worth of Credit Card Debt. I have 7 credit cards with an average APR of 19.6%. I don't have a job right now, but I am in the process of getting one...that being said at best I am going to be making between -. I have no collateral so taking out a loan is basically out of the question. My [...]
Where can we get a business line of credit or loan?
We are looking for a ,000 loan or credit line for our business. We have been around for almost two years and we have good collateral through real estate investing. We also have good personal credit. We have not applied before but now we would like to have access to reserves credit to pile cash. Should we look at some small local banks or a [...]
HELP I have a “default” question on a commercial loan?
Okay here is the deal, my Friend helped me refinance by giving me an arm for my home loan with out an escrow account for my taxes and for my business ( who I have a co signer for ) My home also has a 40k lien from the business as collateral & to top it off he gives me a private lender who charged me 6thousand for being 30 days late one time [...]
Would you like answers to your real estate financing questions?
This is for commercial and residentail real estate. Renters can buy real estate. People with bad credit can buy real estate with little or no money down with me. People in chapter 13 bankruptcy can refinance out of it. People one day out of Chapter 7 bankruptcy can refinance or purchase real estate. I offer 100% financing on construction loans! I [...]
