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    When a person starts a business they are expected to bring to the table a good amount of money of their own to prove that they understand finances and have good credit and are willing and ready to repay any loan they get. They present their five-year


    When a person starts a business they are expected to bring to the table a good amount of money of their own to prove that they understand finances and have good credit and are willing and ready to repay any loan they get. They present their five-year


    You need a co-signer.


    No. Try a partnership.


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    business loans with bad credit news

    Credit unions push to ease small-business lending cap

    21.05.12

    In the latest flare-up in historical tensions between credit unions and community banks, a number of the nonprofit financial institutions are pushing harder into small business lending and are lobbying Congress for the ability to do more.

    As a trade-off in a 1998 federal law that made it easier for people to qualify to join credit unions, Congress capped the total small business lending they can do to roughly 12.25 percent of their assets.

    Bills are pending in both the U.S. House and Senate that would increase the cap to 27.5 percent of assets. Supporters call the bills an important step to help small businesses hire.


    Source: Bellingham Herald

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