hello my name is mark I am a long haul household mover. in april of 2012 I
bought my own truck. short story is on my 1st trip the engine blew up so
borrowed the money from the company I am leased on with to have it rebuilt.
got the truck back and less then 40,000 miles on new engine and it blew again
so now I have to rent a truck and going under fast with all these bills
adding up, taking the shop who rebuilt engine to court but this could take
some time. I need some kind of loan or grant to get me back on my feet. if
there is any info or you know how I could get some kind of loan would be very
helpful thank you very much
I am starting a clothing company and just don't have the necessary funds to
get it off the ground. There is a lot that goes into starting a clothing line
and as you can imagine a lot of expenses. The brand has been shown to many
and a lot of boutiques just from designs that I have on my computer. I want
to get going but I need a boost. Have good credit. Never had to file fr
bankruptcy or anything. What would be the best loan for me and how should I
go about getting it?
BizResearcher | Window Shopper |
3/5/2013 - 11:59 am
Show Replied Text…
I am starting a clothing company and just don't have the necessary funds to get it off the ground. There is a lot that goes into starting a clothing line and as you can imagine a lot of expenses. The brand has been shown to many and a lot of boutiques just from designs that I have on my computer. I want to get going but I need a boost. Have good credit. Never had to file fr bankruptcy or anything. What would be the best loan for me and how should I go about getting it?
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Good day all, I was so stressed out about getting a personal loan from banks, the terms and conditions was so so hard to meet and i almost gave up on getting a loan to start up a new small scale business and i was advised to try online loan services and I did but was very skeptical about the whole idea, but i got in touch with a private loan company Huntington Micro Loans via email and they promptly responded to me with their terms and conditions which was very straight forward and easy, i thought it was a joke or one of those internet scams when i was asked to insure my loan amount as the only security needed to get my disbursement to me, i was shocked when my money was transferred to me and i am happy to say that i will be finishing my loan repayment in July for a tenure of loan of a period of two years. You can contact them via email, I really recommend them to all, they are fast and very reliable.
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Forget about grants - not going to happen. There are some loan sources out
there for you - most of them personal loans options that will do the same
thing a business loan would do in your situation. If you have decent income
and good credit - you should not have much difficulty.
For business loans, most business loans for your industry usually focus on
factoring your freight bills - which might be able to give you some very
short-term capital but might not help your situation. Other business lenders
will want your truck as collateral but they will also want you to fix it
first.
Lastly, you might think about a SBA 504 loan - just find your local SBDC,
SCORE or SBA office and ask them to introduce you to your local community
development corporation.
Other then that, your options might be micro loans (which take a lot of time
to close) or personal loans - all depending on how much your need and how
soon.
kmurray | Community Moderator |
2/22/2013 - 11:54 am
Hi Mark, Federal grants are typically aimed at specific industries and targeted causes identified by the government, such as scientific and medical research, conservation efforts, and so on. Check out this blog for more information. When it comes to loans, SBA doesn't loan money directly to small business owners; instead, SBA can help facilitate a loan for you with a third party lender, guarantee a bond, or help you find venture capital. Here's what you need to know about SBA's role in the loan process.
donmhs | Window Shopper | 3/4/2013 - 3:29 pm
get it off the ground. There is a lot that goes into starting a clothing line
and as you can imagine a lot of expenses. The brand has been shown to many
and a lot of boutiques just from designs that I have on my computer. I want
to get going but I need a boost. Have good credit. Never had to file fr
bankruptcy or anything. What would be the best loan for me and how should I
go about getting it?
BizResearcher | Window Shopper | 3/5/2013 - 11:59 am
topic.
Robert2000 | Window Shopper | 2/27/2013 - 7:17 am
princejay | Window Shopper | 2/24/2013 - 1:27 am
BMT | Window Shopper | 2/23/2013 - 5:36 pm
there for you - most of them personal loans options that will do the same
thing a business loan would do in your situation. If you have decent income
and good credit - you should not have much difficulty.
For business loans, most business loans for your industry usually focus on
factoring your freight bills - which might be able to give you some very
short-term capital but might not help your situation. Other business lenders
will want your truck as collateral but they will also want you to fix it
first.
Lastly, you might think about a SBA 504 loan - just find your local SBDC,
SCORE or SBA office and ask them to introduce you to your local community
development corporation.
Other then that, your options might be micro loans (which take a lot of time
to close) or personal loans - all depending on how much your need and how
soon.
kmurray | Community Moderator | 2/22/2013 - 11:54 am
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