A step by step plan on getting a startup business loan
Everyone knows that banks typically give out business loans to existing companies. They rarely give out a loan for a start-up venture.
But just because they don't do it often doesn't mean it's impossible. The Shreveport Times recently offered a step by step process for securing bank funds for your startup venture:
http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/20060731/NEWS05/607290325/1064
Of the six steps mentioned in this piece, I feel that the two most important ones are having solid personal credit and having plenty of your own cash, but all of the steps that are outlined in this article are valid.
But just because they don't do it often doesn't mean it's impossible. The Shreveport Times recently offered a step by step process for securing bank funds for your startup venture:
http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/20060731/NEWS05/607290325/1064
Of the six steps mentioned in this piece, I feel that the two most important ones are having solid personal credit and having plenty of your own cash, but all of the steps that are outlined in this article are valid.
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