Asked by anton  |  Submitted January 17, 2015

I am looking for a business loan. I have a 6% mortgage with okay credit and have been turned down by a few banks. What are my other options?

I need clear answer

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  Answers  |  1

January 21, 2015

That depends on a lot of factors, including your finances, capital needs of your line of business and your business plan. (You have written up a precise business plan, havent you?) Your first step should be reading Understanding Your Business Loan Options. Then, contact your local Small Business Adminstration office which can provide you with a vast array of general business resources, templates and checklists. 

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