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
Answers | 1
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.