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Of course this depends upon which country you are in, I will answer as if you are in the UK, but the principles should remain the same even if the specifics are different.
There are several places to look for a small business loan, the first is your bank. It may be easier with your own bank because you have been a customer for some time. However, if you have good credit, you could approach any bank. It's worth researching the different opportunities at the different banks. (Research is a skill you're going to have to get good at)
Next, there are opportunities for young business start ups with the Prince's Youth Business Trust, there will be equivalents in other countries, they are services set up to engage with people wanting to start up a business.
Either way you are going to have to produce a solid business plan with a cash flow forecast, market research etc. Without this, no one is going to give you anything.
There are several places to look for a small business loan, the first is your bank. It may be easier with your own bank because you have been a customer for some time. However, if you have good credit, you could approach any bank. It's worth researching the different opportunities at the different banks. (Research is a skill you're going to have to get good at)
Next, there are opportunities for young business start ups with the Prince's Youth Business Trust, there will be equivalents in other countries, they are services set up to engage with people wanting to start up a business.
Either way you are going to have to produce a solid business plan with a cash flow forecast, market research etc. Without this, no one is going to give you anything.
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answered 5 months ago
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