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    4 Replies Latest reply on Nov 12, 2008 12:34 PM by liahom

    Loan Advice

    liahom Newbie
      I'm a small business owner in need of loan advice. My business is currently expanding exponentially. I am in need of working capital to keep up with its growth. However, my business is still considered a start-up as it is under 1 year old. My personal credit is not in good shape either. We have been using our personal savings and income to support this business. I am now at a point that I can no longer do so with just my income. I have not been able to find a loan, and a SBA Loan wants 2 years of history, which I don't have. I do have a business plan. My company is insured, incorporated and fully licensed in the state of Virginia. With the current state of the economy and my personal not so good credit, how can I find a loan?