It is very difficult for a new business to get a loan from a commercial bank or lender for business startup. New businesses are in fact the riskiest loans of any that a bank or lender might encounter.
So understandably lenders are nervous about startup loans or even start ups in real estate unless you already have a portfolio which has some equity or you will be borrowing against your existing home.
Today I talk about HOW TO GET PROPERTY FINANCE AS A BUSINESS OWNER I got into detail on how you can overcome some of the stumbling blocks that could cost you to obtain a bond from the bank as a business owner.
I AM HERE TO HELP!
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To check your bondfitness :
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