Posted by: BannedUser October 1, 2011
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Violet (ever read "The Violet Shyness of Their Eyes btw?),
I spoke to a personal banker at BOA and he told me that these days they don't loan money to start up companies (probably due to recent credit crunch and the current economic condition). I spoke to a personal banker at chase too and he said the same thing. It appears that they're reluctant to get involved in any deals with startup companies. I was told that they'd loan me some money 2 years after the start of my business.
I need to get more info about SBA loan programs though.
I spoke to a personal banker at BOA and he told me that these days they don't loan money to start up companies (probably due to recent credit crunch and the current economic condition). I spoke to a personal banker at chase too and he said the same thing. It appears that they're reluctant to get involved in any deals with startup companies. I was told that they'd loan me some money 2 years after the start of my business.
I need to get more info about SBA loan programs though.