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    7 Replies Latest reply on Dec 21, 2013 3:16 AM by shehata

    to start business with zero down

    shehata Adventurer

      i want start my business for now with zero down payment ?

        • Re: to start business with zero down
          Guide

          Hi Shehata,

           

          Could you please elaborate on your circumstances. Where are you located? What kind of a business would you like to start up? How far have you gotten so far in your new business adventure? Do you need licensing? Do you have an accountant?

           

          Melinda

            • Re: to start business with zero down
              shehata Adventurer

              hi melinda                                                                                                                                                 thank you so much for your replying to my question ,well the business iam looking for is a gas station including the realestate,i did find one in ca. ,but i need the down payment to start,the owner will hold my land ,carry the balance . the owner will transfer his license's under my name ,regard to the accountant yes i will need good one . if you have any question please let me know,u have a happy holidays .                                                    shehata

              • Re: to start business with zero down
                shehata Adventurer

                thank you so much for your replying to my question . please see my answer to your question .                thank you

                 

                Date: Fri, 20 Dec 2013 09:30:53 -0500

                From: updates@sbcommunity.bankofamerica.com

                To: abdelnasse@hotmail.com

                Subject: Re: - to start business with zero down

                                                                                                Small Business Online Community

                                                         

                 

                                                    

                                                    

                                                         

                    to start business with zero down

                 

                 

                    created by Moderator Melinda in General Business - View the full discussion

                 

                 

                 

                Hi Shehata,

                Could you please elaborate on your circumstances. Where are you located? What kind of a business would you like to start up? How far have you gotten so far in your new business adventure? Do you need licensing? Do you have an accountant?

                Melinda

                 

                 

                 

                     Reply to this message by replying to this email -or- go to the message on Small Business Online Community

                     Start a new discussion in General Business by email or at Small Business Online Community

              • Re: to start business with zero down
                jaynorth Tracker

                Well Shehata,

                 

                You are asking for bit too much. Anyhow you need money to start with. Even for registration you need some bucks. So, try out some leasing options or enter into a partnership where you can give your place on lease with some profit sharing. Later as you penetrate the market get some financing to invest.

                • Re: to start business with zero down
                  selfdefender Adventurer

                  Unless you have someone close to you personally, who would be willing to forego current standards in the loan industry,, the possibility of a no down payment loan is extremely unlikely. I had my ID stolen, destroying my credit, and I can assure you that I have exhausted all means out their in attempts to regain credit. Be especially wary of anyone who claims to help regardless of your credit, and never advance any funds to anyone claiming that you must pay a fee first to get a loan. Your best bet is to make a deal with the current owner to manage his business for a while to earn some sweat equity, looking to convert to ownership down the road.