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How easy and what are the requirements to ask for a loan to start a business?
I have a business in mind but i need money to help me start it how easy and what are the requirements to obtain a loan from a bank. Thank you for your answer?
Not easy. you will need a well-written business plan including all demographic, expected profits, costs, etc. You can get some good direction on how to write a business plan from the Small Business Administration (see their web site at www.sba.gov) or from SCORE (see their web site at www. score.org).
Also, the SBA has a loan guaranty program – look into this avenue as it makes getting the loan easier.