Loan Information - Find a Loan
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innis
Apprentice
Joined: 21 Sep 2004
Posts: 5
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 Posted: 02/04/08 - 07:54 Post subject: |
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| I want to start a business soon and I will need to make a loan. I would like to know what should I consider as a good loan. It is very important for me, as I need to project a budget available, so if anyone can give me any advice, it would be really great. Thanks in advance for any help. |
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massimiliano
Apprentice
Joined: 19 Jun 2007
Posts: 7
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| Posted: 03/05/08 - 00:49 Post subject: |
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| One always has to be careful when asking for a loan, especially if the sum in question is intended for investing in a new business. There are secure loans, which make you deposit something of an asset to you as a guarantee that you will be able to pay off, even if you do not have any money. Try to get unsecured loan, where there is no deposit as in the first case. Also, you can choose between bank and a credit union. Usually, the credit unions are better, as interest rates are not as high as in the regular bank, which in the long run may be of great importance. |
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