Thank you for your service!Before you start looking for a loan you need to decide what you want to do and what your market is. What are your skills? Interests? Talents?You might look for a SCORE office (Senior Core of Retired Executives) for some hands on input and guidance in creating a Business Plan. Maybe a bank executive would be willing to help, but don t count on too much help there.You will need some kind of estimated annual income and projected expenses (realistic) and they might be able to help you with that too.But all that needs to be done before you can waltz into a bank and request a loan...Best wishes and good luck!Babe
A small business loan is one of the most treasured commodities in the business world. It is still very hard to get despite the claims and promises of banks, credit unions and other lending institutions that they want to help American small business to survive and grow. In fact it sometimes seems that banks and other lenders want to see small businesses fail and only support those that survive the battle for customers, revenues, and finances during their first two years.
you re doing everything backwards. How is an investor going to lend you money on an idea you dont have. would you lend someone money who had no idea what he wanted it for, and what ability he had to repay the debt??????
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