Fed Financial

Financial help?

I am interested in opening a cafe (a food business) but I don't have money. I have heard that "you need money to make money" How truthful is that statement? Is there a way I can get a loan or that an investor would like to lend me the money? Also my credit is not the best right now. Do I have any hope on opening my own business?

Public Comments

  1. Hi K@T, My advice is don't get in over your head until you are alittle more stable financially. I think you would enjoy the following opportunity, just take alook and see what you think. Go to: http://www.massive1099.com and watch the presentation then click on the Success Magazine clip on the same site and watch it also. With this opportunity there is nothing to sell, just a passion to help other people just like yourself. Any questions email me any time, goodluck. Sincerely, Val PS. To answer your original question I don't know how old you are but if you have a bank call them to see if they have a SBA (Small Business Administration) rep if not call the local banks in your area to find a SBA program. Then go in sit down with them and tell them your idea. They have special programs for minorities and women. Keep in mind you might want to wait until you are little more stable.
  2. If you do not have a bad credit getting business loans are easy. It is generally seen that bad credit acts as an obstacle in the smooth running of a business. Are you also facing the same problem? No need to worry, as bad credit business loan is here to solve all your problems<!--The perfect use of bad credit business loan comprises of the improvement of credentials so that you can avail any loan in the future. You can find more information on Business loans here, http://best-loans.awardspace.com/businessloans.htm You can first gather complete information regarding these types of loans. Move ahead in business with bad credit business loans. An effective way to get rid of your bad credit score and to speed up your-->business dealings is bad credit business loans. You can maintain your perfect credit score as long as you pay off your installments in time. This credit score improvement can enable you to avail any future loan with better terms and conditions.
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