[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 164 KB, 1242x832, spoonfeed.png [View same] [iqdb] [saucenao] [google]
10661447 No.10661447 [Reply] [Original]

any Amerimutts taken out small business loans? what do I need to know? I need probably about 20-30k max. how long can you defer payment for?

>> No.10661499

>>10661447

What coin is this?

>> No.10661597
File: 91 KB, 634x424, haha.jpg [View same] [iqdb] [saucenao] [google]
10661597

>>10661447
You'd literally be better off getting a loan from a family member or a loan shark.
Unless youre a nigger, a woman or (yippee!) a nigger woman don't even expect to get a loan thru the sba.
Im a pharmacist and tried to get a small business loan for a compounding pharmacy (only needed 200k) and they denied me based upon my outstanding revolving credit with credit cards...I was like wtf? I had 1k outstanding on 20k limits on my credit cards and they never fully explained that to me.., they told me to reapply in two years.
Yet I knew a Nigerian pharmacist who was in this country for 8 fucking months with an expired visa open the SAME business 10 miles away 5 years ago and got 500k with payments deferred for 2 fucking years. Scam.
Ive told my story to other business people and heard that same story over and over.

>> No.10661687

>>10661597
You wanted a loan with outstanding credit? What did you expect? Why didn't you just pay off the 1K and reapply?

>> No.10661718

>>10661597
Also I've heard it is difficult to get a small business loan for less than 150k? Apparently they don't like small business loans of 20-30k. Can you speak to that?

>family or loan shark
No one in my family is going to loan or give money. Loan shark? Not sure what you're talking about.

>> No.10662101

bump this board sucks