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Business loan



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amother
Babyblue


 

Post Tue, Feb 21 2017, 11:47 am
I would like to open a business that has a lot of potential to succeed. I don't have the funding for it. Whom do I speak to in order to get more information?
Does it matter if the business location is on a different state?
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tichellady




 
 
    
 

Post Tue, Feb 21 2017, 11:59 am
How much money are you asking for?
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amother
Babyblue


 

Post Tue, Feb 21 2017, 3:21 pm
tichellady wrote:
How much money are you asking for?

I'm not sure yet, as we are still in the research phase, but I think about $250k
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amother
Pumpkin


 

Post Tue, Feb 21 2017, 3:40 pm
following..
my husband is having the same issue. He jokingly said he's thinking about making me the owner of the business since it's a lot easier to get money for business that is owned by a woman.

OP- do you mind me asking what your backup plan to pay back the loans if the business doesn't work out? I'm scared to "borrow" more money then we currently have in the bank which is why we are looking in to "investors"
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brooklyn11211




 
 
    
 

Post Tue, Feb 21 2017, 4:16 pm
[quote="amother"]following..
my husband is having the same issue. He jokingly said he's thinking about making me the owner of the business since it's a lot easier to get money for business that is owned by a woman.

For the record this is not a joke, businesses owned by women actually do have preferred status when it comes to bidding on government projects and more,

Just saying,
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amother
Pumpkin


 

Post Tue, Feb 21 2017, 4:20 pm
the joke was making me a partner, not that it's easier for women, that part he was 100% not joking about, he was just frustrated. His real business partner is a man and I don't have anything to do with the business.
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amother
Slategray


 

Post Tue, Jul 31 2018, 10:23 pm
Bump. Op, what ended up happening?
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