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How to get a loan to open a cafe?


RealCool.BIZ Forum Index -> Finance -> Loans

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heall
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Joined: 29 Nov 2004
Posts: 6



PostPosted: 04/15/09 - 06:09    Post subject: Reply with quote

Hi. A friend of mine and I have recently started talking about opening a cafe together. It is a great idea - with our concept I think we are very likely to succeed. The only problem is that we have no money. Could you please help me with some suggestions as to where we could perhaps get a loan to open the cafe? Cheers people.
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tessa
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Joined: 28 Apr 2006
Posts: 2



PostPosted: 05/15/09 - 03:33    Post subject: Reply with quote

Your first mission is to make a good business plan, or even better to pay a professional to have one done for you. With this in your hands, you will be in a position to approach both banks and private investors to get a loan. The bank is your best bet I think myself. Barclays has a whole section dedicated to small starting businesses. Perhaps they should be your first call?
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