Is it hard to get a small business loan?

fendi_mane

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Due to the economy it is but in Atlanta we have small business grants, go look it up.
 

Henri Christophe

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PayPal gives you loans... But the catch is.... you need to build a sales history by completing payments on their platform for a period of time (I didnt get a loan offer until after a full year of sales - they gave me 10k last summer) and they'll give you a loan based on your sales performance.... you could get up to 100 Bands depending on sales history.

I know people hate the bootstraps argument but that's the best way to go... grind it out and make your daily sales everyday
 

JetFueledThoughts

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What type of business? Any history of revenue? Is it a bridge loan or a loan to get the business off the ground?

Online lending has provided way more options to SMBs for financing in the last decade. Depending on the situation and credit you should be able to get one.
 

theworldismine13

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it depends what the amount is, if you have good credit you can get one

If you already have a business and have proven revenue there are million people that will lend you money, at high interest rates tho
 
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