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buynsell4u5 · Joined: 24 Sep 2009 Posts: 4 1.46 Dollars($)

This might be the wrong place to ask this but I'm running out of options. How can I get a small business loan as a real estate/property managemnt company? THanks

gmakerley · Posted: Fri Sep 25, 2009 3:04 pm Post subject:

have you check with the small business administration? inasmuch as they administer such loans, they'd be the first place to ask your question.

buynsell4u5 · Joined: 24 Sep 2009 Posts: 4 1.46 Dollars($)

Thanks for the response. I should of mentioned more in depth where I am at in the process. I did apply for a SBA loan. I was told under SBA guidelines my business does not qualify because it deals with Real Estate Investment/Property Management. I was then told to try micro-lenders. There is a company called Accion that deals here in Chicago. I've been trying to look into it. I just want to seperate my business start up costs from my personal debt. I want to try and build business credit but can't get a business loan. Any help is much appreciated. Thank you

gmakerley · Posted: Sat Sep 26, 2009 9:25 am Post subject:

chicago being as large as it is, i'd be surprised to find out that the firm you cited was the only one that might help you. that being said, i can't add any more, as i don't deal with sba loans, unfortunately; nor with non-sba small business loans.

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anyone know anything about SBA loans