Personal loan for business

jonesMUFCforever

You go to a bank and ask for a personal loan - they ask what for - you say for business reasons - straight decline and a wasted credit search.
They then advise you that you can open a business account but to get any borrowing they will want a business plan - something you don't want to do - so another decline.

[Deleted User]

Bilius wrote: »

Hi,

Maybe someone knows where I could get personal loan for business purpose?
I only need 8k so its not worth the hassle writing a business plan. I know there are some lenders who lends personal loans for business, could you help me to find it?

Without doing your due diligence you will not succeed i'm afraid.


Speak to a lot of other business people, all fields, learn as much as you can about business practice because all that knowledge is invaluable.


Without all that there's absolutely no way to a successful money making job - and that's what you're aiming for - to make a nice living for yourself.

DCFC79

Bilius wrote: »

Thanks everyone for your input and business lessons. Coldn't help but sense some negativity in the posts. No one really answered what was the original question. Found it. Ratesetter for 7% Apr.

Is that a rate you have been accepted for ?
Maybe you should take your time with it, do some research.

Maybe theres one of these near you, maybe they would be of help.
https://www.thegrowthhub.biz

Business link might be an option.