Thursday, December 31, 2009

Small Firms Loan Guarantee Scheme How Difficult To Obtain Small Business Loan?

How difficult to obtain small business loan? - small firms loan guarantee scheme

Suppose you want to start a small business investment. I have a decent credit score (680-700 FICO), and reasonable balance of debt (about 9,000 U.S. dollars in total). I also have a stable job, that $ 55K now. I want to start a loan of 50,000 U.S. dollars on my next project. Is it difficult to get an unsecured loan for this type of business? I dream about it, or it is possible to obtain a loan of this size, with a decent interest rate?

1 comments:

New Haven SCORE said...

One can take from the answers to his question is never a loan with someone who is an e-mail address for free. Any reputable lender has its own website.

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