• FirefoxInstall the new Firefox »
  •  
    Small Business

    Question

    What are the best options of taking out a business loan for 500K?
    Is the VA loan program an option for this amount? This is considering a decent credit rating, aprox 50K down and solid business plan.
    a few seconds ago 2 Answers

    Best Answer

    Chosen by Asker
    I thought the VA loan only applies to the purchase of a house? In fact, I'm pretty sure it does but I may be wrong. The SBA via the banks has a program for veterans, where I think they ignore your credit, but $50k is not a large enough down for a $500k loan. You need around 30%, and collateral.
    2 years ago

    Other Answers

    • You could always try going on SharkTank the TV show on ABC

      by Marc - 13 minutes ago

    Recommended Articles

     
     
     
     
    Yahoo Small Business Services