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  • first time business loan FAQ


    I have not heard of "first time business owner" loans, but SBA can lead you to low-cost loans that you can check

    You can check with SBA http://www.sba.gov . Read SBA's document "CREDIT FACTORS A POTENTIAL BORROWER SHOULD


    I have not heard of "first time business owner" loans, but SBA can lead you to low-cost loans that you can check

    You can check with SBA http://www.sba.gov . Read SBA's document "CREDIT FACTORS A POTENTIAL BORROWER SHOULD


    It is very difficult to get loans for brand new businesses. No such thing as one that would get wiped away. Go talk to the local Small Business Administration.


    THE ECONOMY WIPED OUT MANY SUCH SMALL BUSINESS LOANS....

    GOOD LUCK...


    It depends - if you put together a convincing business proposal and go the SBA route, you can usually get a reasonable amount of funding even with so-so credit. Keep in mind that you are only entitled to one SBA loan in a lifetime if you default. The


    When you go get a loan, the financial institution (e.g. bank) will want to look at three things:

    1. Asset security. If you pony up an asset to cover the loan (e.g. your home, securities or other hard assets), they will gladly give you

    first time business loan news

    S&P downgrades US credit rating for first time

    06.08.11

    Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

    Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s debt over time and predicted that leaders would not be likely to achieve more savings in the future.


    Source: Washington Post

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    S&P downgrades US credit rating for first time
    S&P downgrades US credit rating for first time

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