OT Business Loan Advice

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

Doubt it mate, they shut up shop a while ago for businesses. But there are grants and things around. You need to go to see business advice people,not sure whO that is around Cardiff. They ate free and know everything u need to know!

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

How much are you looking to lend?

Have you got a business plan etc drawn up?

I retired a few months ago after 42 years in banking. Unfortunately, as your personal credit history is so poor, you have no chance of obtaining business borrowing from a high street bank in the present climate. Any chance of a loan from a family member or friend to get you started?

Firstly you need a business plan with realistic projected earnings, you should get a accountant to do this for you to look as professional as possible make sure you've covered every conceivable out going. Then you can approach people like Business in Focus or finance Wales.

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

You got no chance --- the banks are more skint than you !

Seriously --- DONT take a loan , start from scratch , if you got a £100 turn it to £200 etc , 200 to 400 etc etc . Build yourself mate always the best way , if your idea is that good invite an investor as a partner with more experience.

A shop ???? shops are dying mate --- hope you got a bloody good idea !!! otherwise your burn your money anyway and still have to pay the loan !!

start online if i was you.Lower running cost and a great proving ground for a business if its good enough it'll stick. im sure it'll earn you enough money to get a shop if it doesnt no big loss.If you want to or need a shop for the business to work try get a 'partner' or investor.if that fails try dragons den

start online if i was you.Lower running cost and a great proving ground for a business if its good enough it'll stick. im sure it'll earn you enough money to get a shop if it doesnt no big loss.If you want to or need a shop for the business to work try get a 'partner' or investor.if that fails try dragons den

online - most certainly the way. only a fool would open a shop today

but whats the product ? what marketing do you have planned ?

start online if i was you.Lower running cost and a great proving ground for a business if its good enough it'll stick. im sure it'll earn you enough money to get a shop if it doesnt no big loss.If you want to or need a shop for the business to work try get a 'partner' or investor.if that fails try dragons den

online - most certainly the way. only a fool would open a shop today

yeah but sometimes you cant run a bakers from online.unless you got a bloody clever printer that does food.
GCSE Business mate all i know

whats your ide

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

How much are you looking to lend?

Have you got a business plan etc drawn up?

Same questions as Owain from me

Looking at sticking it to the man soon and starting up my own shop but got shockin credit and can't obtain any more personal credit other than payday loans and the odd crap % credit card. Does this mean i cant get a business loan or is that not applicable, as i got a good plan and everything thought out but im not sure if id be able to get the business credit on the basis of my personal rating? Any help appreciated!

You could write a business plan, total waste of time but the duming down of UK education post Thatcher chances are you'll find some fuckwit stupid enough to lend you the money as long as the boxes are ticked. Whether the business has potential is irrelevant, just tick the boxes.

"To stick it to man" perhaps some KY jelly and sign up to CCMB?

start online if i was you.Lower running cost and a great proving ground for a business if its good enough it'll stick. im sure it'll earn you enough money to get a shop if it doesnt no big loss.If you want to or need a shop for the business to work try get a 'partner' or investor.if that fails try dragons den

online - most certainly the way. only a fool would open a shop today

yeah but sometimes you cant run a bakers from online.unless you got a bloody clever printer that does food.
GCSE Business mate all i know

No dough in that

Shops can work if you got the right idea