How would I get a loan to start a business, I am new to the United States?
I know that many people come to the U S and get grants to start business, how do they do that, where do I need to go? Any advice would be nice. Thanks!
No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.
Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.
SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
Apply for a government grant. They have federal state and local ones. That’s how we plan to start our own business:
http://stores.ebay.com/DMJ-Electronics
Make an appointment with the Small Business Asssociation.
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