Wednesday, February 12, 2014

I am starting a icecream parlor and would like to get some financial funding for the business? -

I have applied for personal loan and a top up for my home loan to fund the business. however the procedure is taking a long time. In the mean time shop has been shortlisted and paid token amt to reserve it for us. Time is running short and would certainly appreciate any suggestions for the solution.

you will need a business plan to ever have any chance at getting any financing or investors and banks usually do not lend money for startup companies - your type of business is coming out of the busy warm season - bad time to start

Apply for loan in another bank or to small scale industrial loans

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