Forum Discussion
Working Capital
I am a startup concrete contractor and in need of capital for equipment and working capital for labor. I have previously been referred to SBA for loan options but the lenders will not lend to startups without 6 months bank statements and/or proof revenue. Additionally the SBA loan options will require 10% equity before loan approval. Do anyone know of lenders who can provide funding for startups with limited capital and short business history?
2 Replies
Yes that will be good
There are several ways but to be honest, since you are in the starting phase it all depends on personal credit and your debt to income ratio. If you want to set up a time to speak let me know.
