M Markjbloggs Registered User Messages 384 17 Jul 2008 #1 Apologies if this has been covered before, but what is the best option for getting a business loan (~€150k) during the current credit crunch?
Apologies if this has been covered before, but what is the best option for getting a business loan (~€150k) during the current credit crunch?
D dinjoecurry Registered User Messages 402 17 Jul 2008 #2 I would say that unless you have very good "bricks & morter" security or a great track record its going to be difficult whatever happens try to stay clear of personal guarantees good luck
I would say that unless you have very good "bricks & morter" security or a great track record its going to be difficult whatever happens try to stay clear of personal guarantees good luck
M Markjbloggs Registered User Messages 384 17 Jul 2008 #3 I was hoping to use the "bricks & mortar" option - apart from my bank, where else should I look?
D dinjoecurry Registered User Messages 402 18 Jul 2008 #4 If you have debtors in youe business you could get cash by discounting the debtors