I found the information I was looking for. Thanks.
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Business loans, bad credit
Business loans, bad credit
Last edited by FuyuKei on Tue Mar 31, 2015 9:09 am, edited 2 times in total.
Re: Business loans, bad credit
This sounds like a bad idea. How did you end up with bad credit? Do you have any money to invest in the business? Do you have any experience in electrology (since you just finished school in a different field, which BTW probably pays better)? If you can find someone who makes loans to people with bad credit, they will probably be at a high interest rate, making your business more likely to fail. I would suggest getting a job as a software developer, saving up some money, letting your credit heal, and maybe looking into doing the business in a few years.
Re: Business loans, bad credit
Banks are not venture capitalists. A 100k loan with no collateral and bad credit is likely out of the question, and I doubt SBA would be interested either. You may find that there is an angel investment group in your area that you might be able to sell your idea to. Google or ask your local economic development group.
Re: Business loans, bad credit
SBA could be your best shot.
"Don't trust everything you read on the Internet"- Abraham Lincoln
Re: . [Topic title removed]
Unfortunately, the OP has decided to remove the post content.
FuyuKei - If there's anything I can do to help, feel free to PM me.
(Topic locked.)
FuyuKei - If there's anything I can do to help, feel free to PM me.
(Topic locked.)