My husband and I are young. mid 20s. Im afraid that that might be a negative on us when looking for a loan. We currently have a small online boutique right now but would love to expand into a retail location. How hard is it to be approved for small business loans?
Re: How hard is it to get funding?
Funding is the most difficult thing researchers do, and with the recent cuts to the NIH, it just got harder.
Re: How hard is it to get funding?
It's not that hard to get funding if you have a solid business case, remember that your investor is interested on a safe return on there investment
Re: How hard is it to get funding?
you can apply for a financial loan from a bank.
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Re: How hard is it to get funding?
Funding a business is seems to be a biggest challenge for a entrepreneur these are needs to acquire more equipments, employees and lots of other features and to get easy fund to a business we used to utilized bank loans, savings, home equity loans and credit cards.
Re: How hard is it to get funding?
Once you have a successful business then its not hard.
Re: How hard is it to get funding?
I don't think it would be hard to get loan for your business if you fulfill all the conditions of corresponding bank. As you are explaining that you have already set up your business online then I hope you will get funding very soon. Best of Luck.
Re: How hard is it to get funding?
Re: How hard is it to get funding?
Yes, it is absolutely difficult for young and small business owner to get fund for their business to grow more. But nowadays there may be possible with payday loans provider companies . Many companies provide instant money for their dreams.
Re: How hard is it to get funding?
Two of my friends wish to begin an general association formed in the USA which will need the integrate of million dollars to start.
Re: How hard is it to get funding?
Here are some tips to getting your bank loan approved:
1. Do not be afraid to ask for one
2. Be prepared - you need to show them when you meet with them that you are worthy of a loan.
3. Dress professional
4. Bring all necessary documents and make them neat
5. Be confident
6....but not too confident that your pushing the officer for a loan
7. check their policy
Re: How hard is it to get funding?
Hi, Anyone here had an NHS revision after a private GB? How difficult was it to get funding?
Re: How hard is it to get funding?
I agree that Get Fund is really hard. there is a another option as you can apply for a business loan, but if you get a proper fund for your business, then there is no way that you will loose your business..
Re: How hard is it to get funding?
Yes, you may apply for financial aid even if you are are convicted felon. If the financial aid application asks you a question in regards to this issue, just answer honestly. They will ask you if you have been convicted for the sale of drugs, or for possession of drugs while on financial aid. If this is true, you would not be eligible for aid. Please note, it says while you were on financial aid. So, if you were convicted before or after you received aid, or you never applied for financial aid before, then your OK. Go figure! Anyway, other than that it looks like your good to go. Best wishes!!