No one will give you a loan on an Ideal. Very few will loan on an existing business. Now you say you want a loan AND you re planning on moving. NO one will give you a loan knowing that. You have no collateral. You have no credit.You have nothing on which the loan officer can base any kind of a decision. Evne those posters who say get $XX together have no idea. FIRST you need to know what you want to do, and THEN put together a business plan. With that you at least have a chance of getting someone to listen. You don t start with the money and then say Ok what am I going to do now?
With no credit and no collateral, your prospects are zero for obtaining a loan from a financial institution. You need to either get private loans from family, or get about $50,000 together and see if you can buy equity in an existing small business that s willing to trade a percentage of ownership for an infusion of capital.
I doubt , IF you get a loan, you will be able to delay starting to pay it back more than 30 days - start with your current bank
