Thursday, September 16, 2010

My friend and I want to start a retail business but both have bad credit. How do we get start up loans?

We are trying to start a retail business with a great idea. We are both under 30 and have retail management experience. We know we would ideally need about $30,000 to comfortably get this off the ground. However we bothhave bd credit. Does anyone have experience with finding a lending angel or accessing government loan programs that are hidden from plain view? We have no equity to present, and are beginning to think it may be a hopeless cause. We dont want to regret missing this oppourtunity later. We have been best friends for almost 18 years, and are currently stay-at-home moms.