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5 Replies Last post: Aug 11, 2008 9:49 AM by irmco1

Need Loan for $170,000 - to Help stabilze a great business

Jul 25, 2008 9:54 AM

Click to view Hvac.08_PA's profile Professional Hvac.08_PA 3 posts since
Jul 25, 2008
We've been in business for five years and things have been going very well, until we got hit with taxes owed to the government. We've paid off the majority of it, but it really crippled us from continuing with working capital and expanding again. We started this business with just $300.00 and had ten trucks all paid off, now we are down to five, We do not have good credit because we opened up the business originally, because Bob's employer never paid him his comisssions and we had to run up our cards to pay our personal bills. We are currently personally working out to pay them off.

The company has continous and stable work. It has held its' way through this in paying off these bills and still functioning. The potential is still there. That is why I am trying to see if there is some possible way to get a loan for around $170,000 to pay off all the debt we have and have some working capital in the bank.

We mostly have residential work and light commerical. WE do not do any commercial work.
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,368 posts since
Aug 6, 2007
1. Re: Need Loan for $170,000 - to Help stabilze a great business Jul 25, 2008 10:27 AM
Help stabilize a great business, welcome

Have you developed a Business and Marketing Plan I can read??

Do you know about SCORE?? SCORE is FREE and they can help.

Good luck, LUCKIEST
Click to view Hvac.08_PA's profile Professional Hvac.08_PA 3 posts since
Jul 25, 2008
2. Re: Need Loan for $170,000 - to Help stabilze a great business Jul 25, 2008 11:32 AM
No, I can use this SCORE website? and What do I do From there?
Click to view aromloan's profile Authority aromloan 6 posts since
Jul 7, 2008
3. Re: Need Loan for $170,000 - to Help stabilze a great business Jul 25, 2008 12:33 PM

This is a great opportunity for people that need loan.

This is a Loan Offer for serious business men and women who seek large or small finance to either establish to expand their business.

My name is Mr luciano corroller from Italy, am a private lenders here in Italy. and i offer my clients 3% my per Annum interest rate

clients. want to assure you that i am a certified and Registered Money lender in Italy, i am willing to offer you this loan.

Note: That funding can happen sooner than the expected time depending on the response speed of the clients and provision of the necessary requirements.

contact::lucia_lender@yahoo.com

Click to view Hvac.08_PA's profile Professional Hvac.08_PA 3 posts since
Jul 25, 2008
4. Re: Need Loan for $170,000 - to Help stabilze a great business Jul 25, 2008 1:16 PM
in response to: aromloan
What would you need from us, you can email me at dawn.mydosh@verizon.net
Click to view irmco1's profile Professional irmco1 8 posts since
Aug 10, 2008
5. Re: Need Loan for $170,000 - to Help stabilze a great business Aug 11, 2008 9:59 AM
First, operate your business differently.

Not paying governmenets is not a good way to operate your business.

Here's some things to think about:

What do you plan to do with the $170,000?

What are the terms and conditions you are willing to accept regarding the terms of the loan?

What rate of return are you willing to pay the source of the $170,000?