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If you have 77k with no established credit but have a co-signer. What banks will lend 112k to 160k?

If you have 77k with no established credit but have a co-signer. What banks will lend between 112k to 160k for start-up business?

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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Jesse Peterson
phone: (980) 239-7539

Jun 6, 2017
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banks wont, you will have to use private financing companies, and pay fairly high rates, likely upfront fees rolled into the loan, making the total cost quite expensive. Try to get the seller to finance the balance secured by the business at a fair interest rate (these days 6% or so for a secured junk credit)

Oct 15, 2010
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Be wary of the fees involved if you could even get a loan. Don't pay an upfron fee and make sure you don't sign anything that says you owe a loan broker money if they can finance you but you turn down the offer. A lender once wanted me to sign an agreement that I would owe them 5k if they could get me financed even if I turned down the offer. I asked the lender before I signed what fees, interest were involved in getting a loan and he said he couldn't tell me until I signed the agreement. I found out later they charged huge fees, high interest and ten points upfront. Thankfully I looked over the fine print and never signed.
Make sure you have a good business plan and make sure your co signer is willing to put up collateral. It would prolly be better if you tried for an existing biz with proven cash flow rather than a start up.
With 77k down you have a good shot at getting owner financing for something if you look hard enough. Don't forget due dilligence!

Oct 15, 2010
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Mr. Singletary, please contact me at I have a couple lenders who may be able to help you.
Kind Regards
Michelle Goebel

Oct 14, 2010

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