I recently heard about people getting business loans to get there business started and i was wondering how i should go about getting one or if anybody has information they could share with me about them. thanks.
Yep. Write a business plan 1st. Another route - for lower end stuff - I only needed $5000 to upgrade my equipment, etc... and I was able to get a signature loan from a local credit union. Interest is high... but they can't repo my equipment...lol.
Do you have a credit union in your town? In order to borrow money from one you have to be a member (go talk to them). Banks are another option possibly. A signature loan is where there is no collateral - only credit. I had to have my dad cosign with me because my credit rating is not high enough. 5000 is their limit. Go talk to a bank or something in your area for their specifics.