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    Small Business

    Question

    Would it be possible to get a business loan at 18 ?
    I would like to get a business loan for about $10,000-$15,000 if possible I have put together a business plan and the cost to startup everything.
    3 months ago 2 Answers

    Best Answer

    Chosen by Asker
    A loan won't be given to you if you don't have 10 to 25% of the loan amount already saved at a bank. They need to know you have at least something there to start paying them back. You also need steady employment, that's a requirement.
    a few seconds ago

    Other Answers

    • if in USA not really. does not matter what u go on paper, in business/banking world it is just paper. if u have a car that was valued at 25,000$ with a free title - u could use that for collateral on the loan. go to a library to learn how to earn money so u can 'start' your business.

      by Rob - 13 hours ago

    • It's not very likely but it's possible. You better be able to really impress the loan manager. How much of your own money are you putting into this?

      by Ricki - 13 hours ago

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