Where can I find someone to loan me money to start a business?

  • Thread starter Thread starter Sutashia
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Sutashia

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I want to get a business license, health permits, and a cart plan for a frozen food company. They have been in business for 75 years and they make millions yearly. I don't have any start up cash and I cannot seem to find anyone willing to loan me $10,000 even though I am willing to pay back $20,000. Where can I find an individual or a company willing to trust me and sign a contract that will allow me to use the profits from my new business to pay off the loan? My problem is my poor credit and I don't own a home. My plan is to use the funds to open up a separate business bank account so that I have control over my own business and I can pay back the 'loan' quickly. Need suggestions. Yes, I have looked up several angel investors but most of them are not willing to take a chance on me either. I am a very hard worker and I have worked in the food industry as well. I just need someone to give me a chance and trust me. Any ideas?
 
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