Comments on: Private Business Loans

By: Scott Wilson

Scott Wilson — Tue, 12 Apr 2011 18:17:39 +0000

RZ,
To get a loan for business, you need to have some margin money. At least 25% of the total required amount you need as your investment. The rest you can get through loan. The procedure of getting loans is described in detail on this page. You can also contact venture capitalists and angel investors if your idea is very innovative.
Thank you.

By: MN

MN — Sat, 12 Feb 2011 13:21:07 +0000

Good day,
I would like to ask about a loan to start a business, that is, on what basis is given credit in the country what is the waiting time for decisions and the possible shedding of the credit to your account. I am the owner of the single case of small companies involved in residential interior design as well as the office, I intend in the near future to develop a garden design. Very please reply by e-mail address.
Thank you.

By: NJ

NJ — Mon, 17 Jan 2011 12:20:51 +0000

Hello sir,
I want to start embroidery business with imported 4 headed to 12 headed machines by taking loan. What will be the percentage of amount that I can get from the bank? Can I get whole amount from bank as a loan? Also is security required for it or I can pledge the machinery purchased by this loan.
Thank you.

By: Charles

Charles — Thu, 11 Nov 2010 19:59:17 +0000

Hello, I opened my own collection agency nearly 14 months ago. At present it is small, but we are expanding and month over month we are increasing our income. I have started this business with my own capital and have 2 employees now.
My business is in a strong position to grow up and we need more help, however, because our income has increased for last few months, we don’t have enough capital to jump to the next level. I am searching for sources of investment for $20,000. Do you have any ideas for sources of lending?

By: Sudhansu S Mishra

Sudhansu S Mishra — Sat, 06 Nov 2010 13:15:13 +0000

Hello, Being Very much impressed I would like to share that,
We are an existing Trust and have two small Educational Institutions.
Now we our proposed is for a new Diploma Engineering College
The total project cost is Apx INR11.00Cr
Already we have invested INR 1.75 Cr
The Bank has Sanctioned INR 6.5 Cr
For additional Start up Expenses as Bank envisaged we need additional Venture Capital to the tune of INR 1.5Cr.
We need your support for granting/organising this INR1.5Cr.
Kindly Revert us Back if you would like to extend Your Support.
Thanking You,
With Regards

By: A P

A P — Mon, 09 Aug 2010 10:26:20 +0000

Respected sir, I want to start garments business, I want loan to start my own clothing business, and most of the bank requires surety like property or anything? Can you give me tips to get unsecured loan for business?

By: Scott Wilson

Scott Wilson — Sat, 06 Mar 2010 04:47:01 +0000

It is possible to get loan and document requirement defers from bank to bank. I can not generalize the documentation, but the process is same every where. And cost benefit analysis report with project is very important.