Entreprenurial Financing Assistance

Comments(5)

• 
  tinman175516th May, 2004

  Go to your bank where you do your checking and savings. Ask them for an unsecured line of credit. That would be your start up money for your business.
  
  Lori
  [addsig]

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  lovejones196616th May, 2004

  Lori,
  
  Thanks for your response. What is the criteria to apply for a unsecure line of credit for a new business? I am new at this. Do you have to have an established business first and where can I go to get assistance for a business proposal?
  
  Thanks

• 
  tinman175516th May, 2004

  In my area the banks have stated programs for this type of credit. You would have to call around and check the banks in your area. it just makes good business sense to use your own neighborhood bank first.
  
  
  Lori
  
  
  [addsig]

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  lovejones196617th May, 2004

  thank again Lori you have been a big help

• 
  pushcart17th May, 2004

  A friend of mine went to a bank for capital to start a business ( he invented a new gardening product). He needed to have a business plan which included start up cost and revenue projections. You'll know if you need one once you consult with the bank. Just wanted to let you know it is a possibility. There may be some online resources to guide you through creating one (sba?). Good Luck!