What are the options available for a business loan?

[Alfie]

Hi everybody, I am planning to start a business with some of my friends and for that we need to take a business loan. The plan we have requires good capital and inspite of adding what we have, the capital is short. We have decided to apply for a business loan and for that I need your suggestions on where and how to go with the proceedings.

Any suggestion will be appreciated.

[diane.jsmith]

There are many ways that you can choose to go for a business loan, but the best has to be analyzed from the different plans that you receive from the banks and credit unions. I know a friend of mine who was in a similar situation and had taken his needed loan from Security Service FCU which was co-operative and was flexible to his needs for the loan.