Posted on June 18, 2010.
Is there a loan that I can ask that the time owner of the business-first offer of the government or the state of Calfironia? Hi all,
My question is about starting a business (maybe a fast food restaurant, about 100K - 150K). Since this is my first startup company, my first question is money. I wonder if government loans or state that I can be considered the owner of the company for the first time? If he is ready to provide business owners with his fist time, do I need to qualify the individual owner or I can be associated with friends and still qualify for the loan? BTW, I intend to have business in Southern California.
Thank you in advance,
JL
I have not heard of "first time owner company" loans, but SBA can lead to low-cost loans that you can check
You can check with SBA http://www.sba.gov . SBA Read the document "A potential borrower must FACTORS OF CREDIT INFORMATION" http://www.sba.gov/financing/preparation ...
Since this is your first foray into the enterprise, I suggest you consult your local Small Business Development Center. Part of the help they can give you is to help you find low-cost loans and financing for your business. In many cases, they even helped to prepare the loan application documents.
Los Angeles SBDC
California - Los Angeles Region SBDC
Ms. Sheneui Sloan, Acting Director Center Lead
LONG BEACH COLLEGE District Community
3950 Paramount Blvd, Ste 101
Lakewood, CA 90712
Phone: 562-938-5004
Fax: 562-938-5030
E-Mail: ssloan@lbcc.edu
Website: http://www.lasbdcnet.org
San Diego SBDC
California - San Diego SBDC
Ms. Debbie P. Trujillo, Regional Director
DISTRICT OF SOUTH WEST COMMUNITY COLLEGE
900 Great Lakes Road Otey
Chula Vista, CA 91910
Phone: 619-482-6388
Fax: 619-482-6402
E-Mail: dtrujillo@swc.cc.ca.us
Website: http://www.sbditc.org
