Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question Are there real legitimate small business loans out there that are obtainable? I see a lot of advertisements for Small Business loans. But are there any out there that are within reach of obtaining? By charliesworld05 Posted on 08/08/07 Total Answers 6 Answers- Beware of Advance fee Loan scams: Do Not Pay UpFront Fees. If you are lookin for a loan try borrowing from private lender(s)(up to $25K) from this website http://www.prosper.com/join/mall... It's 100% Legit. Answer by : ScamBuster On Date 2007-08-08 13:11:13 you will need a business plan to MAYBE get a legit business loan Answer by : Dr. Deth On Date 2007-08-08 13:19:50 Many of the National banks and some community banks have small business loan programs. When getting a loan here are things the bank looks for: A business plan detailing the product/service,, customer,location, and financial analysis. Your business experience and how well you understand this industry. Can you make this business work. Do you have personnel on your staff to supplement your lack of skills. Credit history which demonstrates your ability to handle credit. Your personal credit score needs to be well above average. What collateral do you have and how can you guarantee the loan in case of problems. Terms – How much, How long and For what? Can the what be reposed in case of problems? Your equity. They like to see you putting up more than 25% of what you need. You could try the SBA Microloan Program where you can get up to $35K. http://www.sba.gov/services/financialassistance/basics/sbarole/LOANPROG_MICRO.html . Answer by : ynot On Date 2007-08-08 13:33:25   Go Back To Search Results