Government loans ect.....

Not really surprising.

Back in the 80's they were pushing these loans and it was highly unusual to find a business successfully getting one.

 

I just got a SBA loan from my bank. SBA covers 70%. They typically ask for a 30% investment by you for your business plan. If you have a bank that you have been with for a while it helps. My bank is small in a rural area and were happy to have my business. If you get turned down at one bank try another. The bank is the one that you have to get on your side. After that the SBA process is not to bad. Check the SBA web site. They have a program for HUB Zones. If you have a business in a HUB Zone they have a $25,000 loan that is much easier and quicker than a standard SBA loan. Here in Texas the county has a office to help small businesses. They walked me through everything and put it all together before I went to the bank. It really helped out. The bank was impressed how organized and complete my business plan and application were.

 

I see the SBA has changed their site a lot. I guess after their Dec 3 meeting they changed some things but $25k is about $100k short of what I was seeking. Look like they are trying to phase out the Patriot Express and put it in with the 7a loan they use to be completely different and seprate

 

Hi,
Presenting a nicely thought out business plan accompanied with 20% down of asking note plus a customer base will help alot..I spent 6 serious months researching and planning my launch...Im waiting on the final decision..The pres. just sighned a bill funding capitol for small businesses.

 

You could try this leasing outfit.. https://www.pinnaclecap.com/Default.aspx or their competitor.. http://www.accordlease.com/

 

I'm not for sure,but this sounds alot like being a minority contractor??? I have seen alot of guys do this in south florida..1) the women is concidered (the minority) trying to start the buisness! 2) most down here doing this are either black or hispanic 3) they normaly will get their loan, then with in a few months after rieciveing their big check, have bought their big suv and closed the buisness...thus still haveing moneys in the bank.........the scam contuies....as honest buisness men cant even come close to quaify....been their dont that!!! and pretty much got told in so many words i was the wrong color

 

Shhhhhhhh dont give them any more ideas

 

I have heard that one as well. But race is not a consideration...

"Tell me sheriff, do the letters F O mean anything to you?"
- The Bandit