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My mother owns land in East Texas and would like to get a business loan towards like 7 acres valued at a little over 20,000. Is this possibl

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Icon Mini Profile cdurham





Joined: 23 Feb 2011

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Post Posted: Wed Feb 23, 2011 7:20 pm    Post subject: My mother owns land in East Texas and would like to get a bu
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My mother owns land in East Texas and would like to get a business loan towards like 7 acres valued at a little over 20,000. Is this possible?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10477
Location: Nevada
990.06 Dollars($)
Post Posted: Wed Feb 23, 2011 10:19 pm    Post subject:
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Hi cdurham,

Your mother should contact the local lenders offering business loans and check out if she can get a business loan. If she meets all the required criteria of the lender, she will be able to qualify for a business loan.

Thanks
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