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$15,000 business loan?

I started a home based franchise and want to expand it. In order to expand it, I need 15000 dollars either in grants or loans. The problem is that I do not have a credit history for I do not have any credit cards, just a plain ATM card. Is there something I can do to get that loan? Or am I out of luck without a credit check? If there is something, can someone please honestly tell me what and how I can get the best loan or grant out there? Thanx alot!!
Dam, most of these answers seem to be a scam. No wonder this economy sucks so much. kant trust people with their fake bullshitty assistance

Sounds like you are pretty new, I would suggest go to the public library and they have many good references about business loan and start ups. Best part is, it also has names in City Business Chambers with many experienced people whom you can start the dialog and they will point you step-by-step. The library also has a real good grant info section which can help guide you as well.

All the best


7 Responses to “$15,000 business loan?”

  1. Ed Atun says:

    The lack of credit history does not mean that you can not get a bank loan. The important thing is that you don’t have any "negative" items on your credit. Evictions, unpaid accounts, judgements. Those will stop you from getting the loan. So go to the bank and explain your business. They might insist that you leave some money in one of their bank accounts so they could recoup some of their money if you default on the loan.
    If you go to a venture capitalist to get money, they take 51% ownership of your business ( that is how they protect their investment). You can find them in the Wall Street Journal ( I don’t work for WSJ) which is free at your local library.
    References :

  2. Lee Park says:

    LOAN LOAN LOAN?
    I’m Lee Park (CEO) OASIS FINANCIAL CONSULTANT INC.
    I offer all kinds of LOANS including secured and unsecured LOANS to companies and individuals at 2% interest rate.
    I offer AUSTRALIA DOLLAR, US DOLLAR, CANADA DOLLAR, SINGAPORE DOLLAR, GREAT BRITISH POUNDS, SOUTH AFRICA RAND. ETC.
    Regardless of your situation and nationality, we can help you.
    Minimum loan: $5,000.00.
    Maximum loan: $1,000 000.00 and above.

    Interested you can reach us via oasisconsultant@consultant.com

    Sincerely,
    Lee Park,
    CEO.
    References :

  3. Jessica Jimmy says:

    I am Jessica Jimmy from San Austin here in Texas,when I needed a loan I posted a question here and I got scam on the process then I decided to stay away from online loan but I friend of mine from California directed me to standard loan firm and I gave them a try to my greatest surprise I got the loan of $50,000 from them without any form of credit check nor cosigner.So if you need loan you can contact them now with this email standard_loanfirm@live.com
    References :

  4. Michelle Gabriella says:

    Last year I was in search for a business loan and I was referred to Dr. Antonio Martinez the manager of Stabilini Stanbic Ltd by a friend of mine who also took from this firm to establish a business. I applied for a loan of $150,000 and it was approved and given to me. This firm normally gives a yearly bonus of $4000 to old customers who have been doing business with the company atleast a year that can refer 10 customers, that is why I am posting here today. I am proud to refer anyone who is in need of a personal/business loan and any kind of loan to meet the manager of Stabilini Stanbic Ltd through email stabilini_stanbicltd@hotmail.com . I’m Michelle Gabriella
    References :

  5. David says:

    hi
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    Good luck!…..
    References :

  6. Good says:

    Sounds like you are pretty new, I would suggest go to the public library and they have many good references about business loan and start ups. Best part is, it also has names in City Business Chambers with many experienced people whom you can start the dialog and they will point you step-by-step. The library also has a real good grant info section which can help guide you as well.

    All the best
    References :

  7. What template do you use in your blog