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Community Assistance

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Old 06-07-2011, 08:16 PM
alpinegroundmaintenance alpinegroundmaintenance is offline
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Default business loans

Does anyone know how I can obtain a business loan with out running my personal credit, due to a divorce i was forced to file bankruptcy two years ago and need a loan for equipment.
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Old 06-07-2011, 09:03 PM
bruces bruces is offline
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it would be tough to get a loan ,have you tried your family ?Also,are there any government options available to you ? You can help your own credit by getting a capital one type credit card [you will probably have to put down a deposit to the limit of the card ]with a low limit [$250.00?],use it a few times a month,pay it religously every month ,then in a while your credit will improve enough you can get a real loan .They usually give those cards to anybody so getting one would not be an issue .Hope this helps a little .
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Old 06-08-2011, 01:00 AM
cruzgardening cruzgardening is offline
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Quote:
Originally Posted by alpinegroundmaintenance View Post
Does anyone know how I can obtain a business loan with out running my personal credit, due to a divorce i was forced to file bankruptcy two years ago and need a loan for equipment.
hey bro you should go to your community center there you will find local people/business who will loan to anyone who is looking to start a business they usually don't loan more then $5,000 at a time so good luck btw this are your Loan angels.
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Old 06-08-2011, 05:14 AM
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Can you get some cheaper equipment at first where you don't need to take out a loan? Maybe with that you could get started and see how you like the business. Later you could scale up from there?
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