SBA Micro Loans are Available
I recently did a survey contacting 500 people that in the past have asked for info on starting a Local SEO Marketing Company, Like Clemens Media Group. I found that 50% of those that responded said the reason they haven’t started a business yet was that they had no money for the basic start up cost and felt unable to find any way to get themselves into this lucrative business.
Based on the results of the survey, I contacted the Small Business administration (SBA) and found that the SBA has a Micro Loan Program to start a business for under $15,000. If you are interested contact your local Intermediary Lender in your state.
You might be eligible for this Micro loan if you meet the following:
1) You have no felony convictions
2) Are a US Citizen or have a Green Card
3) No Federal Fund Defaults- Student Loan Judgement or Charge debts
4) Credit Score is not as important as your payment history
5) This is not a personal loan, it is a business loan
6) You must be able to come up with 10% of the total loan amount
7) You must have 3 Years of Tax Returns
If you are paying any child support – you must be current.
If you think you are eligible based on the criteria above you can contact the Intermediary Lender in your state
Bill Clemens
CEO/President, Clemens Media Group
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