The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

It possible to get a loan if you've been in bus for awhile but personal credit got screwed up frm last yr?

Is it really possible to get a loan nowadays? I have been in business over 5 yrs. The so called recession forced me to lay off employees and I waited too long to do it. Since all of my working capitol got used, some payments were late (never missed), and now my personel credit sucks. The banks wouldn't help me grow when my credit was good, so I can't even talk with them now. I know there really no such thing as grants and investors don't trust new technoligies. I have proven growth in this field and am growing again.(1st yr gross was 160k, 4th yr gross 750k). I don't want to lose everything to some giant co. that finally wakes up and takes the bus from me. Is there anywhere I can get HELP?

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (6)
No User Photo
Carson Grant Loan Company
Affordable Loans
Los Angeles County, CA

DO YOU NEED A LOAN TO START A BEFITTING NEW YEAR!!!!!!

Are you a business man or woman? Are you in any financial stress? Or do you
need money to start your own business?

Do you have a low credit score, and you will find it difficult to get loans
from local banks and other financial institutions? solution to your
financial problem is Dr. Carson Grant The Terms and Conditions are very simple
and considerate.You will never regret any thing in this loan transaction because i will
make you smile through out this transaction, because you where not born to be a loser

Email (carsongrantloanhome@gmail.com)

Our services include the following:

* Personal Loans
* Debt consolidation loans
* Possibility
* Business Loans
* Education Loans
* Mortgage
* Home Loans

We offer loans at 2% interest rate

We offer loans to people in need of financial assistant with a low interest
rate of 2%. In order to get a loan with this company, you can tell the exact amount of
loan you need and the time in which you can pay back the loan.

NOTE: You are required to email us on:(carsongrantloanhome@gmail.com)

Feb 12, 2017
No User Photo

Have you ever searched for funds, loans, financial assistance or need an accredited lender to help you meet up with your needs and demands? Do you want an Investment Loan for your business Or have your bank turned you down? Is your monthly income disappearing due to high interest rate on your Loans, Credit or Bonds? Then you have no alternative than to get an instant and reliable service. Contact us today at vhernan712@gmail.com for Legit/accredited Loans, Mortgages and Investment funds. For Quick application, Apply within; Full Name: Loan Amount needed: Loan Purpose: Loan Duration: Phone number: Address/Country:

Aug 19, 2016
No User Photo
Biz2Credit LLC
New York County, NY

Bart,

Key is the reason for your low score being trying to hold on to your business. In case you can show that to the lenders and direct payments can be made to the creditors, you can get your credit improved.

We at www.biz2credit.com can help you to lokk for funding from over 70 lenders offering 150 products. You can apply for free and check all the scenerios.

Apr 8, 2010
No User Photo
Business Capital Corp
President

I am in Asset Based Lending. Get me your year end & interim financials (include Bal Sheet). Reaction time is important. I can review and let you know if I can help within 24 hours. tomboutwell@bellsouth.net.

Apr 8, 2010
No User Photo

Hi Bart, I would be glad to help you. I am a commercial loan originator representing a national Investment Bank and group of real estate funds. Contact me with your info at ep@pfmin.com and we will get started early next week.

Apr 3, 2010
Robert Cutler
Attorney
New York County, NY

Bart, you may want to consider approaching a non-bank lender such as a private equity fund to obtain financing. You'll pay a higher interest rate and you may even have to give up some equity in the business, but they won't be as concerned with your credit if your business is profitable.

Feb 23, 2010

Start a Discussion