BAD CREDIT HELP – Instant bad credit loan

Question by seane.beard: How can I get a personal loan or someone to invest in my start-up business overseas?
I am currently in the military and I get out in the middle of December. I am currently in the middle of starting up a Day Spa (Beauty Spa) for females (in Bahrain) and I have already invested about 85K in loans into the business. I have nearly excellent credit (which is why I got the loans) which I have maintained for about 14 years. Now, about seven weeks from opening, I foresee a shortage of about 30K. I have searched everywhere for another loan, to include the new Patriot Express Business Loan for the military, but, they will not loan for a business overseas. Also, the number of loans on my Credit Report doesn’t make it a great idea to apply for another one. In the first month, my projected revenue is 15K. This total will double itself over the next three months, which is why I know that someone either investing in my business, or granting me a loan, will receive back their loan in a short period, or their investment will be a positive one. Email or rspond w/answer. Thanks.

Best answer:

Answer by yobarrabas
As soon as I get the ,000 from Mr. Sanjae Gubageghandor in Nigeria as payment for the money I loaned him to get the former Nigerian President’s millions of dollars out of storage, I will send the money to you as a gift… just keep it… I have tons more where it came from.

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Question by Chrissy B: How can I get a small business loan? I have good credit but little cash or assetts?
I am looking into buying a small business just outside of Denver, Colorado but I have no idea where to start as far as getting a loan. I have good credit but would only be able to come up with ,000 -,000 up front cash. As far as assetts, I have virtually nothing. Is a business loan even an option in this situation? I need a loan for about 0,000. The business I am looking into buying is well established and very lucrative would this factor into the loan situation?

Best answer:

Answer by Feeling Mutual
Go to a bank and apply for a loan.

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Question by MLRatyahoo: How do I go about applying for a small business loan?
-I’m 22 yrs old.

***Am I too young to be approved for a business loan?

-I am about 00 in debt (from medical bills only) but I have small monthly payment plans that I’m keeping up with.

***If you can prove that you are paying your debts off and that they are only medical related—can you still be approved for a small business loan?

***What is the minimum amount they usually give for a small business loan? What is the usual amount?

***When applying for one, do you apply in person, or on paper? Do you have a chance to show your business plans to the bank? Because I want them to know how profitable it will be, and how quickly I’d be able to pay the loan back.

Basically what I’m asking in all of this is:
Is applying for a small business loan very black and white, or does it all depend on if they trust that your business, specifically, will be successful enough to pay back the loan?

***********Also: Any tips?

Best answer:

Answer by kavicarter
Just curious, what kind of business do you plan on opening? Because I’m the same age and looking to open my own business as well, but not sure what I want to do. Thanks.

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Question by templeofdoom1234: Can you get a personal loan to use as your personal contribution on a business loan?
I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?

Best answer:

Answer by imisidro
I highly doubt you can do that

The banks will want to see that you have the 20-40% money when you apply. That means you should have gotten the personal loan PRIOR to applying for the business loan

The problem with that is that the banks do credit checks. They will see that you’ve gotten a loan for the same amount you’re saying as your contribution. And that could jeopardize your chances of getting the business loan

Save up. Or seek out loan from other sources, one that will not be tracked with a credit check — e.g. families and friends

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