ForumsFinancing Tips

Hello!

Trucking...that sounds like a good plan! How long have you been doing that?

So, the first thing that you are going to need to approach a lender is a business plan if you do not already have one. Basically, it will be a road map for your entire business including market research(is there a market for your business? if, so where?), financials(how much you have to invest, how much you are looking for, sales forecast...1yr,5yrs)and complete management profiles among other things.

As for who you can get a loan from. There are different options. There are conventional options ie. banks, commercial lenders, microloans and there are non conventional ie. private equity, venture capitalists,etc. You just need to target the right people and go about it the right way.

Hope this helps! If you want further details or have any other questions, let me know!

Renee`
renee.rankine@ranksintl.com

In most cases, it depends on how your credit is. If not so great, then you may want to consider submitting a proposal to individual investors.

I didn't start the business yet, im just hoping i can get the loan to start.

Sources of capital, investors and lenders, will NOT even consider providing you money to your business UNLESS you have a business plan and MORE.

Again LUCKIEST