Credit Help Forums

shawn · #1 11-09-2009, 12:32 PM

I'm thinking about taking out a business loan to start a web-based business - software programming. The money would be spent to buy the IDE (Visual Studio 2005), server space, templates, and advertisement. Is this possible? Has anyone ever taken out a business loan for a website business?

diane.jsmith · #2 11-11-2009, 09:58 AM

I have never heard of business loans for web-based business...Not at least officially...You will be lucky if u get one on this. But alternatively you can take it for putting up a software development center. Hey wait a minute you may get a loan from Meridian Finance caz my neighbor has got loan from there last week for small work. if they can get you can also. If you want, you can contact them in internet Cash Advance Alliance provides the opportunity to borrow money to those who are in need. short term loans Just contact them lets hope for the best. Best of luck

mgig · #3 01-30-2010, 03:58 PM

All of this will relate on a couple things:
1. Are you a new company? If so, they will look at your personal credit score.
2. Are you an established company, already with business credit?
3. As it relates to your answer, you will have to find a niche whereas they
can see you being profitable in the time frame given.

You can create a portfolio of projects you will be working on concerning web base marketing, so they can see the visual side of it.