docwebster ([personal profile] docwebster) wrote2003-07-13 10:58 pm

A question for you lot, if I may.

Are any of you familiar with the procedures and standards attendant on applying for a small business loan?

[identity profile] havoknkaos.livejournal.com 2003-07-14 06:03 am (UTC)(link)
Your local college probably has a Small Business Development Center. They will give you real advice on owning and operating a small business successfully, as well as having a good chunk of resources to throw at you. One of those will be a loan information sheet, and once they run the basics from that sheet, they'll be able to give you a list of local lenders who can/are willing to give you a small business loan.

One caveat - if you owe the gubmint money, you are not eligible for SBA-backed loans.