|
Q.What do I have to do to get a business loan?
A.When you approach a lender, you should come prepared with a business plan, your business’ financial statements (balance sheet and profit and loss statement), your last two years personal income tax returns, and a cover letter that summarizes: the amount you need to borrow, the specifics on what the money will be used for, and a plan for repayment of the loan.
If you are denied a business loan at two different banks, you may then request that the banker to make the loan under one of the SBA's Loan Guarantee Plans.
small business loans, business loans, sba business loans, unsecured business loans, small business loan, business loan, smallbusinessloan, business financing, business finance, small business finance, business funding, small business funding, SBA, sba, small business administration, small business captial loan
|
|
