I am looking into starting a business and was wondering how to get a loan to do it. How do you convince banks to buy into your idea. If there is any one with personal experience in business loans you input would be appreciated.
2 Comments Already
April 1st, 2010 @3:10 am
you can raise cash from either a bank or a investor, but both will require to see a business plan to determine whether your business merits a loan/investment
you could appeal to venture capitalists or banks to get th start up loan you require, the thing that impresses these people the most is a solid idea with a fantastic business plan, that means knowing your business inside and out, overheads, costs, what you need to do, who you need to be talking to etc