I have been pursuing a SBA loan without success. I managed to get a $5,000 loan from my bank that I am paying to try and build credit. My credit score is 583. I am frustrated because I have an enormous opportunity to make money through manufacturing and production of industrial electric components. I have all my tools already as I work in this field already. I need to aquire a building and materials. I have even shown a contract that General Electric has submitted for my review. I have shown a GE contract to loan officers and am still declined. Are there other sources? Any advice on what I can do? I don't want any investors really, just a loan. I am looking for $40,000 or more. I have tried small amounts from several lenders and that has proved ineffective as well.
Thank You
Thank You
Tags:
small,
business,
loan
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