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Best place to get a loan for an online business? - Printable Version

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Best place to get a loan for an online business? - AngelaJohnston - 10-07-2021

<p>I have an online business that sells memorabilia, T-shirts and so on. Although it's big, not something from my basement. we have a real office/mini warehouse and all that, but it's not a storefront. I have never applied for a business loan anywhere and I want to get a business loan only without a personal guarantee. Is there something similar for someone like me?<br></p>


RE: Best place to get a loan for an online business? - MaxForsyth - 10-13-2021

Yes, there are a lot of sources these days assuming you are in the US.


RE: Best place to get a loan for an online business? - RichardSmithe - 10-13-2021

<p>My good friend lives in the USA and she has opened an online cosmetics business. She sells various women's things, something like highlighter, glitter, colored shadows <a href="https://www.vakuudetonlaina.com/2000e-laina-ilman-vakuuksia/">https://www.vakuudetonlaina.com/2000e-laina-ilman-vakuuksia/</a> .It's so interesting for her. She applied for an SBA loan, these loans are quite profitable for small online businesses. yes, SBA has lower down payments and longer maturities.To start working with SBA, she created her profile, describing in detail her product, type of company, gave information about sales and profits over the past year. All this needs to be done for such a simple reason: when opening a profile, the lender must understand what the company's activities are, why it wants to get a loan.</p>