Are there any small business loans or grants out there that I don't have to put money upfront myself?

Posted by on June 28, 2010 · 3 Comments 

I am looking to open a small business in the town of Globe, Arizona. I am 21 with most likely crappy credit or none. I already know states have business grants or loans where you match the funding up front, but I am looking for a loan or grant where I don’t put anything up front. And i’m really only looking to get at the max 200k.


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What can u tell me about business loans to start up a new business?

Posted by on June 28, 2010 · 1 Comment 

In the process of opening a new business. How do business loans work – I know I need a business plan etc before I can apply for a loan, but what’s some other info? What’s the interest rate range, what’s the range of how many yrs u can have the loan, range of amnt they can loan, will they include the first yrs lease amnt in the loan if needed…etc, etc?
We have good credit.


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How do I go about applying for a small business loan?

Posted by on June 28, 2010 · 1 Comment 

-I’m 22 yrs old.

***Am I too young to be approved for a business loan?

-I am about 00 in debt (from medical bills only) but I have small monthly payment plans that I’m keeping up with.

***If you can prove that you are paying your debts off and that they are only medical related—can you still be approved for a small business loan?

***What is the minimum amount they usually give for a small business loan? What is the usual amount?

***When applying for one, do you apply in person, or on paper? Do you have a chance to show your business plans to the bank? Because I want them to know how profitable it will be, and how quickly I’d be able to pay the loan back.

Basically what I’m asking in all of this is:
Is applying for a small business loan very black and white, or does it all depend on if they trust that your business, specifically, will be successful enough to pay back the loan?

***********Also: Any tips?


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Freelancers – Discover How To Use Freelance Sites To Bid For Jobs Or Outsource Your Business For The Price You Want! Business Owners – Learn How To Outsource Your Day-to-day Business Operations And Product Creation Chores To Freelancers Cheap! Freelance Business Expander.

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The Ultimate Guide To A Successful Business Website.

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