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Old 08-19-2013, 04:58 AM
TTS TTS is offline
LawnSite Senior Member
Join Date: Jan 2013
Location: Wisconsin
Posts: 620
It's doubtful that you will get a small business loan, for large items you can probably get financing from the manufacturer but a bank will want to see several years of profit and loss statements and showing a loss is not a good way to convince them that you're a good risk.

The rest of your questions you need to talk to an accountant. Each state has their own rules and how your business is set up will also affect everything that an accountant who knows the rules and can see your actual hard numbers would be the only way to get a reliable answer.
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