You can still get a business loan with bad credit, but they’re going to change you a lot in interest. My boyfriends parents business went bankrupt in October of 06, and they just got a loan to start up a new shop, just check around and see what banks and loan offices can do for ya, good luck on your new endever!
Any ideas of how to start a small business (with bad credit)?? Help! Serious answers – please?
November 15, 2009 By 10 Comments
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A LOT of HARD WORK!
You are not going to get a business loan with bad credit.
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It depends on what kind of business it is. If it is a homebased business,you should be able to start small and build your sales gradually and pay off debt and re-establish credit. If you are looking a larger business requiring capital,look at getting a partner who can invest
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What kind of business do you want to try your hand? First you need to figure that out, then how big do you want it a small home based one or like one you have to lease a office for stuff like that you know. Ive been apart of a small business for like 5 months going on now its called Usana Health Sciences its great its #12 on Forbes best small businesses list out of 200 and ive seen the money come in. So maybe you should try finding one like the one im in if your looking for a home based one!
Good Luck
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http://www.forbes.com/lists/2006/23/biz_06200best_Usana-Health-Sciences_MQLJ.html
http://www.usana.com
you could start an office cleaning business without any money so your credit wouldn’t matter. There is a website that tells you how to do it at http://www.cleanuptheprofit.com
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I did it with Mary Kay. It isn’t easy, but if you have a desire to make money, work hard, and not give up, Mary Kay is a great way to make some extra money. It worked well for many women. check it out at http://www.marykay.com/rebecca. I will be happy to answer any questions you may have about the business. It may or may not be for you, but with bad credit, it will be difficult to do much else.
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Been there. Credit is a major thing to deal with. But with focus you can get passed it. I purchased a house on a part time job and fixed my credit on my own just by researching the rules and the laws related to credit.
Your question makes me think you want to take out a loan to start the business. You may not want to do that especially with bad credit. To get the money you need start by selling stuff in your house at a yard sale. Then see if your family and friends can get behind your dream of business ownership and invest with you or give you money to get started.
Not all businesses require a huge investment. Most people think they do. There are businesses out there that only require a small investment to get started check the source below it may be something you can get behind. The investment to be a business owner with this company is less than $300 and the NYSE 34 year old corporation takes care of most of the hard stuff. You just find people who see a value in the service….sign them up if they can afford it and you get a check.
Hope this helps.
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http://www.GetTheExperts.BuildLastingSuccess.com
Here is an online Dollar Store that you can own.
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https://secure0rder.com/offers/?c=s0cem2fds&s=18&p=index&r=1007
I’d say start out with ebay.. then get your credit straight
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There are several ways to start a homebased business.
Tupperware reps will help you get a kit and your business up and running for FREE.
There are many companies you enroll with to be an affiliate or an independent consultant for. You can email me for more info if you like.
I know of a zillion ways to get started for free. Keep in mind that a business whether your a consultant or the owner is a job and a half. Although you have way more control over your time as a Consultant or Rep than you do if you own the company. Send me a message for more info. My resource list is way to long to type one at a time.
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You can still get a business loan with bad credit, but they’re going to change you a lot in interest. My boyfriends parents business went bankrupt in October of 06, and they just got a loan to start up a new shop, just check around and see what banks and loan offices can do for ya, good luck on your new endever!
References :