I am trying to open a pizza place and I am having trouble attaining financing. I was wondering if someone knew where to apply for a grant or poor credit small business loan.
2 Comments Already
April 4th, 2010 @7:02 am
i would suggest struggling to open your doors FIRST and then get a loan (if u havent done this). its my understanding that small business loans are granted more as a function of your operating income, and individual credit is less of a factor. so once your pizza place is making $50k a year, then you can get a $10k loan, for example. i hope this helps.
go to ur bank and ask them about other forms of credit loaners. the problem is it is a pizza joint and there are a million of them. restuarants r the wort risk there is.
good luck