Question and answer
mall business start-ups are likely to find that getting commercial loans is
This conversation has been flagged as incorrect. Can you answer it? Please add your answer below ....
Get an answer
Original conversation
User: mall business start-ups are likely to find that getting commercial loans is

Weegy: It’s important to note that start up business loans are a lot like personal loans. In other words, the bank does not want to lose money by taking too great of a risk. [ If you and/or your business are too much of a risk, you’ll have to work harder to get your small business loans approved. Because the vast majority of startups fail within the first few years, you should know that you’re considered a greater risk if you want a start up business loan. Ultimately, you should build credit for your business so you can borrow when you need to - and manage your personal risk. Business Credit Basics Start Up Business Loan Sources If you haven’t already done so, read the article about small business loans. You’ll find a good overview and some quick ideas. Give those a shot – and pay extra attention to preparedness – but know that conventional means may not work for you. After you’ve asked your bank and credit unions for start up business loans, you’ll need to get creative. Common sources of start up business loans are the 3 F’s: Friends Family Fools You're on your own with the first two, but there are ways to find the last one. Of course, these people are not really fools, they’re just more willing to take risks on start up business loans than traditional banks are. These might be known as venture capitalists or angels. A good first step is to ask your local Small Business Administration (SBA) office for help. This organization is tasked with fostering economic growth by supporting small businesses – its mission is to help you succeed! There are a lot of general resources from the SBA that aren’t finance-related. ]
Expert answered|mangioon|Points 50|

Question
Asked 4/7/2013 11:24:03 PM
0 Answers/Comments
This conversation has been flagged as incorrect.
Flagged by Sting
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
20,153,775 questions answered
Popular Conversations
Tissues arranged together make up _____, which, when functioning ...
Weegy: Tissues arranged together make up ORGANS, which, when functioning together in groups, make up SYSTEMS. User: ...
3/27/2015 1:09:34 PM| 7 Answers
The Ramayana is a text from ...
Weegy: The Ramayana is a text from India. User: The following question references Chapter 4 of The Three Musketeers ...
3/27/2015 5:43:33 AM| 2 Answers
The Preamble is the __________. A. introduction to the ...
Weegy: The Preamble is the introduction to the Constitution. User: Federal is defined as __________. A. the ...
3/27/2015 6:43:00 AM| 2 Answers
What was the first armed conflict of the Cold War? A. the Korean ...
Weegy: The Korean war was the first armed conflict of the Cold War. User: What was the outcome of the Vietnam ...
3/27/2015 11:35:25 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 475 [Total 7782]| Ratings 8| Comments 395| Invitations 0|Offline
S
1
L
L
Points 439 [Total 7940]| Ratings 0| Comments 439| Invitations 0|Online
S
Points 401 [Total 906]| Ratings 10| Comments 291| Invitations 1|Offline
S
L
Points 353 [Total 1475]| Ratings 2| Comments 333| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 56 [Total 56]| Ratings 0| Comments 56| Invitations 0|Online
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.