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-   -   Getting a loan. (https://gfy.com/showthread.php?t=359912)

Chaldoray 09-21-2004 04:46 PM

Getting a loan.
 
Is it possible to get like a $4k loan if you don't have that much credit? Do you guy's know any mortgage company's that give small business loans?

Ray

detoxed 09-21-2004 04:47 PM

A mortgage company would be glad to give a small business loan out of the equity of your house. But I'm assuming you dont have a house, so no.

Chaldoray 09-21-2004 05:10 PM

Quote:

Originally posted by detoxed
A mortgage company would be glad to give a small business loan out of the equity of your house. But I'm assuming you dont have a house, so no.

Okay i see.

detoxed 09-21-2004 05:11 PM

You'd have to ask your bank to give you a loan

hyper 09-21-2004 05:12 PM

you could get a collateral loan on your car if its paid for and worth 4k

Chaldoray 09-21-2004 05:30 PM

Quote:

Originally posted by hyper
you could get a collateral loan on your car if its paid for and worth 4k
I own a 2004 mazda 3 s it's not paid off all.

wdsguy 09-21-2004 05:31 PM

what is the loan for?

hydro 09-21-2004 05:35 PM

ill give ya 4k, 40% intrest and a baloon payment of 30k at the end.

SC Blaize 09-21-2004 05:36 PM

There are plenty of places that are willing to give you a loan but you will need some sort of colateral and the interest rates will not be that good. You can walk into places like American General Finance and just say "I want a loan for $4k" and they do it for something like 22% interest... bahhhhhhhh

Chaldoray 09-21-2004 05:41 PM

Quote:

Originally posted by wdsguy
what is the loan for?
Business i am doing.
Hit me up on icq i'll tell you.

Chaldoray 09-21-2004 05:42 PM

Quote:

Originally posted by hydro
ill give ya 4k, 40% intrest and a baloon payment of 30k at the end.
You're joking right?
:1orglaugh

Chaldoray 09-21-2004 05:43 PM

Quote:

Originally posted by SC Blaize
There are plenty of places that are willing to give you a loan but you will need some sort of colateral and the interest rates will not be that good. You can walk into places like American General Finance and just say "I want a loan for $4k" and they do it for something like 22% interest... bahhhhhhhh
Hmm, that's a damn high intrest rate.

robfantasy 09-21-2004 05:43 PM

what kind of business for 4k? make sure u have a good biz plan and exit strategy

SD Qball 09-21-2004 05:44 PM

Quote:

Originally posted by Chaldoray
Is it possible to get like a $4k loan if you don't have that much credit? Do you guy's know any mortgage company's that give small business loans?

Ray

Depending on where you live, you can apply for an SBA loan at a great rate.

BitterPen 09-21-2004 05:47 PM

You could go to one of those loan places that are in a strip mall setting... They offer high interest loans but usually can get you approved. If you have a new car, in your name, you shouldn't have a hard time getting one.

Just be sure to pay it off quick.

:thumbsup

SleazyDream 09-21-2004 05:48 PM

interested in selling your soul?

Chaldoray 09-21-2004 05:56 PM

Quote:

Originally posted by robfantasy
what kind of business for 4k? make sure u have a good biz plan and exit strategy
Personal, stuff i already have up that need avertising, etc.

Chaldoray 09-21-2004 05:57 PM

Quote:

Originally posted by SD Qball
Depending on where you live, you can apply for an SBA loan at a great rate.
I live in San Diego, California do you mind if you refer me to some places?

Chaldoray 09-21-2004 05:57 PM

Quote:

Originally posted by BitterPen
You could go to one of those loan places that are in a strip mall setting... They offer high interest loans but usually can get you approved. If you have a new car, in your name, you shouldn't have a hard time getting one.

Just be sure to pay it off quick.

:thumbsup


Car is in my name but my sister is the co-signer.

Chaldoray 09-21-2004 05:58 PM

Quote:

Originally posted by SleazyDream
interested in selling your soul?

:1orglaugh :1orglaugh :1orglaugh :1orglaugh
To you?
LOL.....
How much do you want to buy it for?

Theodor S. Geisel 09-21-2004 06:23 PM

I'll sell my soul.

SleazyDream 09-21-2004 06:24 PM

Quote:

Originally posted by Chaldoray
:1orglaugh :1orglaugh :1orglaugh :1orglaugh
To you?
LOL.....
How much do you want to buy it for?

how much do you want for it?

Chaldoray 09-21-2004 06:25 PM

Bump

thumbsUP 09-21-2004 06:25 PM

I know a guy down the street who gives out loans. The name is Vinny, he runs a "investment firm" out of the back of his black 66 lincon.

Chaldoray 09-21-2004 06:53 PM

Quote:

Originally posted by thumbsUP
I know a guy down the street who gives out loans. The name is Vinny, he runs a "investment firm" out of the back of his black 66 lincon.
wtf

cold_ice 09-21-2004 08:35 PM

Quote:

Originally posted by SD Qball
Depending on where you live, you can apply for an SBA loan at a great rate.
What suxs they only give loans to people who don't need them. You might be better off getting a credit card with a low interest rate, even if its just for six month although there are some that will go 0.0% for a year or nine months. Here you go read up on the SBA loans. Be prepared to jump thur hoops. http://www.sba.gov/financing/

NinjaSteve 09-21-2004 08:49 PM

Also if a bank will turn you down, you can become a member of a credit union. Once you're a member for a while and apply for a loan you'll have a better chance with them vs. a bank.


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