Finance for business with poor credentials? (1 viewing) (1) Guest
Favoured: 0
|
|
|
TOPIC: Finance for business with poor credentials?
|
|
Finance for business with poor credentials? 1 Month ago
|
Karma: 0
|
|
Does having a poor credit record mean I can never secure financing?
I have an idea for a business that I know will take off. However, my poor credit record is being held against me. How do I win?All I need is a small loan. What are people in my position to do? Give up completely?
|
|
|
|
|
|
|
The administrator has disabled public write access.
|
|
|
Re:Finance for business with poor credentials? 1 Month ago
|
Karma: 0
|
|
While poor credit may disqualify you from obtaining a bank loan, as a startup with no cash flow, you're unlikely to get bank financing anyway.
You'll probably have better luck with an investor who believes in you and your vision and is willing to contribute capital in return for a stake in your company
|
|
|
|
|
|
|
The administrator has disabled public write access.
|
|
|
|
|
|