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Question
Government grants/ small business startup loans....?
I have a business plan, and a building picked out that I would like to purchase. I have looked at several websites including grants.gov and sba.com to find a way of getting the money I need, and haven't had much luck. I would love to get a grant, but it is really hard to find grants that I qualify for. I have horrible credit, so a loan is also going to be difficult to get unless I can find a way to get financed using something other than my own personal credit history. I don't have anyone to co-sign for me, either. However, I am confident that my business will be successful, due to the fact that I have absolutely no competition whatsoever in my area. I also have a unique and sound business plan and some very good ideas. Has anyone here ever gotten a grant for this purpose? How about a business loan with bad credit? Any ideas? Any info would help!! Thanks, all!!
4 months ago - 1 answers
Best Answer
Chosen by Asker
There are no grants for a for profit business unless you are opening a daycare and then it is a minimal amount. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Then, go to www ... and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you. SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA). SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
by Brutus
4 months ago
Asker's Rating: 