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.
17,186,429 questions answered
Popular Conversations
Indicate whether the statement is true or false. The reason a penny ...
Weegy: TRUE - The reason a penny thrown straight up inside an airplane will come back to your hand is that you, the air ...
8/31/2014 3:31:31 PM| 4 Answers
A line passes through the points (-10, -4) and (-1,2). What is the ...
Weegy: A line passes through the points (-10, -4) and (-1,2). The y-intercept of the line is 8/3. The equation of the ...
8/31/2014 11:50:10 AM| 3 Answers
India is a subcontinent and consists of all of the following except. ...
Weegy: Indian subcontinent has all the features , valleys in himalayan mountains , deccan plateaus , thar desert , and ...
8/31/2014 11:02:13 AM| 2 Answers
Market economy. User: Command economy.
8/31/2014 8:31:19 PM| 2 Answers
Which of the following is least likely to form ...
Weegy: Helium is least likely to form bonds. User: Which of the following is an example of plasma? the atmosphere ...
8/31/2014 12:42:25 AM| 1 Answers
the goal of scientific management
8/31/2014 3:29:19 AM| 1 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
Points 2800 [Total 24400]| Ratings 4| Comments 2760| Invitations 0|Offline
S
L
1
L
Points 2556 [Total 6532]| Ratings 8| Comments 2476| Invitations 0|Online
S
L
C
P
C
1
L
L
Points 2326 [Total 15939]| Ratings 13| Comments 2196| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 2145 [Total 17172]| Ratings 7| Comments 2075| Invitations 0|Online
S
L
1
1
1
1
L
1
Points 2073 [Total 9780]| Ratings 2| Comments 2053| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 960 [Total 18531]| Ratings 0| Comments 960| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 585 [Total 11246]| Ratings 1| Comments 575| Invitations 0|Offline
S
1
L
L
Points 560 [Total 5124]| Ratings 0| Comments 560| Invitations 0|Online
S
Points 467 [Total 670]| Ratings 1| Comments 457| Invitations 0|Offline
S
Points 375 [Total 375]| Ratings 2| Comments 325| Invitations 3|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.