June 29, 2015 by Walter Roberts

How to get small business loans from banks, private lenders and microloan lenders

See if you are eligible for a small business loan at Lendio https://www.lendio.com/sign_up/affiliate?affId=93697065

Take my full business fundraising course http://goo.gl/M0RVYM and check out my Kindle book with 10 ways to raise money for your business: http://goo.gl/qUzUas

Visit http://www.problemio.com for more on how to get small business loans, and our mobile apps that help with planning and starting a business, including fundraising.

This video explains how entrepreneurs can get small business loans. I discuss how to get personal loans that you can put towards your business so that they act as small business personal loans. Additionally, you can get small business loans from banks, private lenders, and microloan lenders. I discuss all three options for how to get business loans in the video.

Additionally, on my fundraising apps, I discuss how to get small business loans in more detail. Here is the Android app that covers how to get small business loans and other forms of fundraising for your business:
https://play.google.com/store/apps/details?id=com.fundraising

And here is the iOS (iPhone and iPad) mobile app that covers how to get small business loans and other forms of fundraising for your business.
https://itunes.apple.com/us/app/funding-fundraising-ideas/id624657810?ls=1&mt=8

I also discuss the different cases where banks loan to companies and when private lenders loan to companies. I also discuss how to get small business loans from banks rather than private lenders and micro loans.

Some of the sites I mention in the video are of course my sites: http://www.problemio.com and http://www.glowingstart.com but I also discuss some business loan websites.

Here are the business loan websites. The first is Lendio. I participate in the Lendio affiliate program. Here is the link to their form for determining if you are eligible to get a loan with their help:
https://www.lendio.com/sign_up/affiliate?affId=93697065

The other sites I mentioned are prosper.com and kiva.org

All these sites are good, but keep in mind, in this video I also discuss that in most cases getting a business loan is not the greatest of ideas. So if you do try to get a loan, be very careful and cautious.

Consider the risk: if you take a personal loan, you will spend all that money on your business. But there is no guarantee that your business will succeed. But the fact that you will need to pay back that loan is in fact guaranteed. It will be easier to spend that money than to get it back. So while having the option to get a small business loan is a good option to have, choose it very carefully.

There are some outspoken individuals like Marc Cuban who say that entrepreneurs should not get a business loan to fund their business. I tend to agree with Marc. I certainly did not get a small business loan to fund my business. But nevertheless, his does not stop many entrepreneurs. And quite frankly, for most people, getting a business loan is the only viable option.

And here is a full article on how to get small business loans:
http://problemio.com/business/startup_or_small_business_loan.php

Here is the government site for loans where you can get a business loan:
http://www.sba.gov and
http://www.sba.gov/loanprograms

Please check out my business books. Here is my book on starting a business:
http://www.amazon.com/Get-Business-Ideas-Start-ebook/dp/B00HZUVAUM

Book with fundraising strategies to raise money:
http://www.amazon.com/10-Fundraising-Ideas-Strategies-strategies-ebook/dp/B00KADT0Q2/

Facebook marketing book:
http://www.amazon.com/Facebook-Marketing-Business-Expect-Promoting-ebook/dp/B00LMGPDIK

Marketing strategies book:
http://www.amazon.com/Marketing-Strategies-People-Problemio-business-ebook/dp/B00IG83T7E/

Mobile app marketing book:
http://www.amazon.com/Mobile-App-Marketing-Monetization-thousands-ebook/dp/B00N14RSNY

If you are wondering how to get small business loans, here are more videos about raising money for your business.

Was Marc Cuban wrong about business loans:

Difference between LLC, S Corp and C Corp:

Fundraising course on how to raise money:

Fundraising strategies book:

How to get donations:

Fundraising playlist:

How to start a business with no money:

What is a cash flow statement & how to create a cash flow statement:

25 Facebook marketing strategies:

Common revenue streams for a website, blog or business:

Best home based business ideas:

Comments

  1. Alex Genadinik
    September 13, 2013 - 9:49 pm

  2. Nick Loper
    January 17, 2014 - 1:16 am

    Man was it humid that day? You’re looking a little steamy in this one!

  3. Jeff Beale
    January 19, 2014 - 5:48 pm

    Thanks fo the insight. Getting loans for business can be difficult when
    you do not understand what the banks are looking for

  4. Start & Grow Your Business
    February 24, 2014 - 1:06 am

    Thank you for watching! If you have questions or comments about any part of
    the video, please comment and ask right in the YouTube comments. I see all
    the comments, and promise to get back to absolutely everyone!

  5. Global Cash Business Loans
    August 26, 2014 - 5:18 am

    How to get small business loans from banks, private lenders and microloan
    lenders

    #smallbusinessloans

  6. Julie Andrew
    September 20, 2014 - 7:13 am

    How to get Small Business Loans from Banks, Private Lenders and Microloan
    Lenders.

    #smallbusinessloans 

  7. His CPA PC
    October 29, 2014 - 12:39 am

    How to get small business loans from banks, priva…:
    http://youtu.be/PH7Q2nuYZ1o

  8. Start & Grow Your Business
    October 29, 2014 - 7:20 pm

    This is an old one but a good one! How to get business loans (at least
    YouTube likes it) #loan #loans #businessloan

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  10. Barbell Brothers Z
    November 28, 2014 - 10:55 pm

    so, If I need a small loan (say about $250-$300) Just to get by for the
    month on some expenses.. How would you go about that?

  11. PenguinArmy Ben
    January 10, 2015 - 12:38 am

    hey i want to start a paintball field and i was wondering if i should get a
    loan for my business that i have not started please help
    

  12. Mawufemor Biekro
    January 28, 2015 - 5:50 am

    Great Information
    Mawufemor Biekro
    Jay Biekro

  13. nikola tesla
    February 17, 2015 - 5:37 pm

    sir :
    i have few questions maybe you can help me with
    i m trying to start an industrial business , to make liquid oxygen what
    are the things i would expect and have to have before having everything
    set up , i m trying build my own machine and buy some others so i
    diffidently need money to do that
    i appreciate any information or guidance you would help me out with

  14. THEBEST411
    June 28, 2015 - 3:14 am

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Comments are closed.