My dad works on wallstreet, it fourty a touch, and has been told he can take up loans of up to 5 million dollars for a business loan.
I am out of college, was a administrator at a tiny business, and want to buy an existing tiny businesses.
I have no capital. There is no way I can get any funding.
My Dad says he will cosign a loan. Does this mean I can take out 300k at a reasonable rate from the bank?
I have been working on my business plot and i am nearly all set. But now i am worried about trying to get a bank loan. I quit my job because i wanted to concentrate on my business and because it wasnt for me. But now i have no income and no real assets. I am only 24 and have no real savings or anything. Will banks even concider me for a loan even though my business plot is really excellent?
My Loan Officer told me that it would take 2-5 business days for a loan approval through Sydion Financial. It is now going on 3 weeks. What could the problem be? He has been telling me that his loan processor would give him a status report and that he would call the underwriter but he is not following through. Could there be a reason behind this? Thank you.
Looking for the perfect alternative to an SBA loan? Do you need to refinance out of an existing SBA Loan? You are going to like the Ultimate Business Loan! It is the perfect alternative to an SBA loan.
My bank went out of business and my home loan was transfered to Bank of America. Bank of America refuses to give our lawyers a modification and now we are behind in payments. I really need to transfer my home loan to another bank, we did not give this bank permission to look through nor take over our mortgage.