Thread: New Business

You have to fix your credit - find a way to bring current any derogatory items. There are several resources for that small amount of funding but you will need your credit score to be in the mid-600's. Once you can get it there - try peer-to-peer loans or micro-credit loans. If you can't improve your credit score - try the following: 1) Find some collateral that you can use - think car titles or other proerty that you own outright -...

I can help you get the financing you need to start that business. send me PM. We are helping startups and existing businesses get $100,000 to $150,000 in credit lines by building a biz credit score - not tied to personal score. This is not buying tradelines or shelf corps. __________________ Get $150,000 in Biz Credit Lines - Not Tied to Personal Credit #1 Ranking in Google

My BF and I are interested i starting a small scale courier service in the DC area. Does it really take 5-8K to start one up?

Quote: Originally Posted by Boss2008 My BF and I are interested i starting a small scale courier service in the DC area. Does it really take 5-8K to start one up? Seems to me all you would need to start is a vehicle and a willing, paying customer. Let things roll from there....... -

To start a business u need,cash along with vehicle,and many more things to consider.

no. 1 - you need a vehicle. no.2 - have enough cash for you petrol/gas. no. 3 start off by covering small area and not go too far, time consuming. Service is important to client. 4. Work with reliable network to give you service and support. 5. Don't think big, start from small - it will eventually grow if you put effort. 6. Concentrate more on small parcel delivery than only sending documents. All the best, soo

Get a sound business plan developed. No bank will give you a loan if you dont have one.

Try with non government small finance firm you might be get success to get small amount of loan.

Maybe try some alternative financing start-up programs that are out there for your particular case. But with a credit rating lower than the 640 range, I dont see too many Govt-backed loans or SBA providers considering dishing out any capital. But as stated earlier, its not impossible to raise it up and getting yourself back into the bubble.

Hello there, I am starting a courier service (local messenging) and in need of a small loan of about $5,000-$8,000 in Virginia. Now, my credit score is 575 with 6-7 derogatory items on it. Tried the lolcal government small business loans and got denied Anyone have any suggestions? Thanks