I found what seems to be the perfect property for all my startup ideas, for so many reasons- and I don’t know how to fund it.

$295k in South Carolina

I have the paperwork filed for my business, and I have interested clients due to my current and previous jobs. Only thing is- I am not able to do the work.

It’s an automotive related business so I’m not sure how I can start the business without the commercial spot to do so. However, without the cash flow, income, and reserve assets, I am struggling to find a type of business loan that is made for this circumstance.

I don’t plan on doing anything major in terms of spending money on changing the building & shop that is currently there. It’ll work fine just the way it is. One of the reasons why I have my eye on it.

  • SafetyMan35@alien.topB
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    1 year ago

    You aren’t going to find a business loan starting off that doesn’t come with a personal guarantee (second mortgage on your house, personal loan etc)