Hello This is my first time writing. I have looked everywhere for an equipment loan. The equipment is economically and environmentally helpful in updating my business. My bank says because my personal credit is not great and the industry I am in they denied me. After 25 years of on time payment of past loans with this bank and my state calls me a micro business. Asking to little amount. Does anyone have any idea to help. Thank you
Hi Mary, <a href="www.businessloanfunds.com">www.businessloanfunds.com</a> is a free online directory of revolving loan programs, micro loans and loan guarantees provided by funding through SBA, USDA, EDA, etc to intermediaries such as local economic development agencies to provide funding for small buisnesses.
Programs vary by county and state and may not be enough to fund your entire project, but will often work in tandem with banks to complete a loan request.
Good luck@December 18th at 5:31pm
U.S. Chamber SBN
The SCORE Ask a Mentor program could be helpful in proposing a solution. If you are a member of the U.S. Chamber, you can log in and ask a mentor your question here http://www.uschambermagazine.com/user/login?destination=node/1725January 27th at 9:12am