Oh my, I want to be the next Gary Vee or Steve Jobs!!!
If you’re a new business working to build credit, revenue, and profits, you likely won’t be able to qualify for bank loan or most of the bigger financial institutions. But you can still find some great business loans. In fact, we will help you to bridge this and you shall enjoy your entrepreneurial dreams!
For all businesses, especially for newer SMEs, the owner’s personal credit will be useful. The stronger your credit, the better your chances of securing a loan. And also, when you have a new business, you need to think about what you can bring to the table for lenders. If you can put down business assets as collateral, that would be wonderful!
While getting an unsecured loan is what most people want, there’s no harm in using what you’ve already got to get a good deal out of it for a start!