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Will A Great Business Plan And Great Credit Get Me A Loan?

I have great credit, and have a business plan. I own 1 small contracting firm and am trying to move into another business venture. I need a loan between 100,000 and 200,000. Would a good credit score, business plan, and using my business as collateral be enough?

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This entry was posted on Thursday, July 2nd, 2009 at 5:00 am and is filed under Q&A Business Plan. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Will A Great Business Plan And Great Credit Get Me A Loan?”

  1. zeuz says:
    July 2, 2009 at 1:00 am

    Probably not. The bank will want collateral, especially in the current economy.

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