I recently started my landscaping company, registered it and wrote out a who’s 25 page business plan. Now I’m seeking capital but most lenders are telling me 2 things, 1: my business has not been established long enough to get a loan, 2: the business hasn’t generated any revenue. And due to these reasons they can not provide me with a loan. I’m wondering if anyone knows of some lenders that lend to fresh start ups? The loan would be going towards buying equipment for the most part, small portion towards marketing/advertising. I have had no luck with finding a lender:(
You’re looking at the wrong sources for funding. That’s your first problem. Your second problem is yet to be told, I would need to review your business plan see if it has all the elements that are required to actually get consideration.
My first question is how much of your own funds do you have available to put towards the business?