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Going for a BDC loan

 
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ewartslade



Joined: 06 Aug 2013
Posts: 5

PostPosted: Tue Aug 06, 2013 7:57 am    Post subject: Going for a BDC loan Reply with quote

Myself and my business partner are going to go to the BDC for a $100,000 loan to expand our business. We install solar panels. We haven't been putting full-time hours into our business because we have been working other jobs. We haven't been able to make enough money to quit our other jobs, but we still have all the expenses of a full-time company like a website and insurance and phones... the list goes on. So we figure if we both put full time effort into the business we should be able to make a living, but we need working capital to buy some inventory and advertise and pay ourselves. Anyone gotten a loan through them?
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