Register free!

The Green Industry's Resource Center



 
 
Thread Tools   Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 08-24-2002, 10:21 PM
swing blade swing blade is offline
LawnSite Member
 
Join Date: Mar 2001
Location: Cincinnati, OH
Posts: 123
getting a loan for new equipment

Alright, I am getting the run around. I am 19 years old and want to start into lawncare. I found the equipment that i want to buy, and i applied for an small business loan. The problem is that the loan amount is too small, 5000, and they want me to use a personal loan that is backed with the full 5000 from a callable cd. I am slightly confused, because if the cd is callable, then why wouldn't I just simply cash it out and use it to cover my expenses. I am not doing this because that money was for college, and I cannot use it for anything else. So the question is: where do I go and what Do I do to get the funding i need?????
__________________
Milo Sivley
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 01:31 AM.

Page generated in 0.09874 seconds with 8 queries