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6 Replies Last post: Nov 15, 2008 7:52 PM by answers

Starting a business with no money down?

Nov 4, 2008 4:05 PM

putzgrilla 1 posts since
Nov 4, 2008

I want to open a small business, I am going towards a existing Quiznos for sale for 200K. Does anyone know a way to get a business loan with no money down?

Thank you all

Lady from Florida.

Tags: business, no, money, down Report as inappropriate

LUCKIEST 7,939 posts since
Aug 6, 2007

1. Re: Starting a business with no money down? Nov 4, 2008 6:40 PM

Starting a business, Welcome

Lady from Florida, Who are you?? Tell me more.

Have you developed a Business and Marketing Plan that i can read??

How do I contact you?? LUCKIEST

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NoBullFunding 278 posts since
Oct 6, 2008

2. Re: Starting a business with no money down? Nov 5, 2008 7:53 PM

A lender will not finance a deal if you have no money of your own to put in. Take some time to keep looking for opportunities, and in the meanwhile start saving. If you really want to own a business, you need to have some "skin in the game".

Do you have any money at all to put in? How's your credit?

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JENAL8 2 posts since
Nov 6, 2008

3. Re: Starting a business with no money down? Nov 6, 2008 10:17 PM

in response to: LUCKIEST

TO WHOM IT MAY CONCERN:

MY NAME IS JENE VIERNES-PALARCA, I AM 50 YEARS OLD AND WOULD LIKE TO START A SMALL BUSINESS, BUT I DON't HAVE MONEY DOWN. I AM SEARCHING FOR A BUSINESS PEOPLE, THAT CAN HELP ME OR I WOULD SAY SEEKING FOR A LOAN. I WOULD
LIKE TO DO SOMETHING WHILE I'M NOT DOING ANYTHING FROM HOME.

PLEASE I NEW AN ADVICE, HOW TO START UP A SMALL BUSINESS.

THANK YOU SO MUCH AND HAVE A BLESS DAY!

JENE VIERNES-PALARCA
jvpalarca25@comcast.net

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blitzlocal 92 posts since
Mar 20, 2008

4. Re: Starting a business with no money down? Nov 8, 2008 4:20 PM

The only business you can start with no money down is your own business--
like nobull was saying, unless you have an unbelievable name, track record, or angel--
you have to have "skin in the game". Would you risk your money on an entrepreneur
who wasn't putting any of their own money into something?

Dennis
analyst, blitzlocal.com
small business internet marketing

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Mongoose 270 posts since
Nov 2, 2008

5. Re: Starting a business with no money down? Nov 8, 2008 5:58 PM

Not being critical, but i'll agree with NoBull and Blitzlocal here, who would risk their money on someone who isn't willing to at least give a little themselves? I know it's strayed off of your topic of 'starting a business with no money down' but it seems to be the truth concerning money.

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answers 25 posts since
Oct 22, 2008

6. Re: Starting a business with no money down? Nov 15, 2008 7:52 PM

There are companies that specialize in franchize finacing. feel free to call me so we can discuss your options.

I may have an investor who is interested in your project.

Sincerely,

Mark A. DiPrete

President

Mortgage Management Solutions LLC

401-942-3607

www.mortgageMS.net

mdiprete@mortgageMS.net

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Starting a business with no money down?

Nov 4, 2008 4:05 PM

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