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Business Loan

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Money Talk > Credit & Loans

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jacab9901
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Business Loan  Reply with quote  

I'm thinking about taking out a business loan to start a web-based business - software programming. The money would be spent to buy the IDE (Visual Studio 2005), server space, templates, and advertisement. Is this possible? Has anyone ever taken out a business loan for a website business?
Post Wed Feb 07, 2007 8:47 am
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chase_in6
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Re : Business Loan  Reply with quote  

I have never heard of business loans for web-based business...Not at least officially...You will be lucky if u get one on this. But alternatively you can take it for putting up a software development center. Hey wait a minute you may get a loan from Meridian Finance caz my neighbor has got loan from there last week for small work. if they can get you can also. If you want, you can contact them in internet Meridianlendersonline.com Just contact them lets hope for the best. Best of luck
Post Thu Feb 08, 2007 6:46 am
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bijan814
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This is possible, you can get a loan for anything.
How much is the loan for?
Post Thu Feb 15, 2007 12:43 am
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bfanalej
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i got denied 2 years ago for same thing  Reply with quote  

the bank laughed at me when i tried to get 20k from them 2 years ago for a home based business that i wanted to start. i didn't own my house at that time, but had good credit.

being a bartender making really no money with no collateral, they laughed at me when i told them what i was doing. i've made more money than that in a month now so i'm doing the laughing now Smile

best of luck man, go get it...
brian
Post Fri Feb 23, 2007 2:43 pm
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pronet
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Has anyone ever tried this: Borrow money from peope - Prosper Wink
Post Tue Jun 12, 2007 12:54 am
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dstern
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Re: i got denied 2 years ago for same thing  Reply with quote  

quote:
Originally posted by bfanalej
the bank laughed at me when i tried to get 20k from them 2 years ago for a home based business that i wanted to start.




thats what's likely to happen in this case too, its easier to convince them if you have collateral and a good business plan.
Post Sat Sep 08, 2007 7:19 pm
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supercleanrick
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quote:
Originally posted by pronet
Has anyone ever tried this: Borrow money from peope - Prosper Wink


I'm very active on Prosper, and have seen a number of loans go through for home-based businesses, including some that I've lent on. PM me if you have questions.
Post Tue Sep 25, 2007 9:44 pm
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