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What kind of documents do I need to get a loan to start a small business and where can I ask for that loan?

I would like to know what kind of documents do i need to show to get a loan and where i can get that loan. If you know tell me please thank you.

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Answer #1

You can go to the nearest bank ans ask if they give loans. Usually they will need documents like if you have the capability to pay the loan, like your latest salary. They like to see if you have certificate of your house as a warranty. In some cases, they also would love to know your presentation on the business you are going to run, to see if it is quite prospective.

Answer #2

One thing people often forget when applying for a business loan is a business plan. You need to show that you’ve done your research and are certain that your business has a chance at being successful. Of course, you’ll need your own personal documentation like your identification and possibly your SSN, but the bank should have any other forms you need to fill out.

Answer #3

your business plan and you can get it through financial institutions and banks

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