Saturday, July 17, 2010

What are the chances of getting an Australian business loan in my situation? -

I have been a stay at home mother and house wife for 3 years now. After no success getting back into the workforce, I have decided to take matters into my own hands and do a course which will lead me to become an Interior Designer.To start up my own freelance Interior Design business (from home) I will need a few grand to set it up - eg laptop, camera, filing etc. How does business banking work when the person applying for a loan is unemployed until they get their business up and running? Do I just have to submit a good business plan or is there more involved. I want to do this without my husband s help and I don t have anyone else to go guarantor.Are there any other options? I would only need maybe 2 or $3K

As an aspiring entrepreneur you have to realize the road ahead is going to be tough. While one of the hardest things that you have to do to start your small business is to get the funding that you need to start up. Most small-business owners are lucky enough to have enough resources such as surplus funds in their savings accounts to start their businesses. But for the majority of those business owners just like you and I, we require some help and assistance.http://www.worldbestloans.com/businessloans.htmWith the recent recession and the economy heading towards a downward spiral, getting the loan that you need to start your small business is going to be a very difficult road for you. But thanks to Uncle Sam there is a better choice out there for you. The government is going to offer you a small business loan grant. The benefits of getting a grant from the government is the fact that it never has to be paid back unlike a normal loan from major banks such as Bank of America Wells Fargo etc.

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