In a typical unsecured start up business loan, I heard that in general you have to make a promise not to become further indebted. Does this include personal debt? All debt? What kind of debt is ok in a typical senario like the one above?
I only see different firms offerinf from 5k to 250k. I am getting the hint that any single firm will not qualify me for the amount I need (150k) so I was thinking that I could apply to 2-3 different firms to get the toal amount that I needed. Can it be done? These loans do not show up on my...
I am so tired of applying for loans and getting shut down. I want to get a loan at a good rate from a bank. a personal loan. obviously a decent salary and a good credit score is necessary, but EXACTLY how high do they need to be? is there a ratio? should the loan be 1/3 of my annual salary?
Is...