I am looking to start a home care business I am looking to finance approx $65,000 in which I will be willing to have my business account and transfer 1 of my 401K ($40K) into the bank that is willing to loan me funds. I have been told that because my credit score is under 700 I will not be able to obtain a loan. What happened to all this stimulus money. Just an FYI I do have a business plan.
As with any loan, you will have to meet specific criteria to get it. The stimulus money I don't believe was for this type of situation. I could be wrong though.
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