Business plan and startup

[shipdit]

I am perceiving you as someone with little business experience, no money and no credit. How does someone with those credentials expect to be loaned a paltry $20,000 to complete in a playing field with companies who have a market capitalization of 3.45 Billion?

http://www.advanceautoparts.com/engl...p?article=2792
http://moneycentral.msn.com/detail/s...ymbol=US%3AAAP

Good luck!

SD

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[NightWish]

Originally Posted by chrisp125

Hmm well i dont know what happens in the US but here in Mexico its pretty much impossible to find such funding. The best that one can do is to open a business account and that will cost itself. It doesnt have the best system in the world that i have noticed.

First I'm not in US. Second there are a lot of banks in Mexico and every bank gives loans. The only reason that they wont give you the money is that you may not have enough income to pay the money back. If banks dont trust you, why should we? We dont even know your name, adress etc while the bank can keep your passport in order to ensure that you will pay your money. What guarantee do we have beside your word?
Your word is worth nothing online. Expecially in this forum full of scams and scammers. If you search this folder you will see that every couple of days theres someone like you that is looking for ventures for his business.

[JackSmart]

Originally Posted by NightWish

There are a lot of banks in Mexico and every bank gives loans. The only reason that they wont give you the money is that you may not have enough income to pay the money back.

Totally Agree!!! I can't see the problem with getting money from the Bank! Sure if can't pay the money back they'll refuse! I guess you should (if you're really sure about your skills) ask the person\friend\member of your Family to take a credit!

[chrisp125]

Blimey, i know this page is full of scammers et al but you all just jumped on me like a pack of lions as if ive just nicked your wallet. Mexico is full of banks, much like any other country. However, unless its a microbank specialising in small term loans that dont go very far, the bigger banks will not give loans at all, to anyone on whatever scale. A mortgage style loan as you will see on theyre webpages (Hipotecario) is very different from a business startup loan. Some WILL give loans, but not yet, and certainly not within the next 2 years. Companies wishing to start in Mexico must either have investment OR be big enough to sustain itself on its own capital. Mexico as a country is a very slow country for this sort of thing, thus making it impossible for a person like me to start at all. Thus why im looking around.

[nicesurf]

Stop blaming someone...let's discuss about new business that can make money. Scammers or priest or whoelse..all need money. He...he...we'd better getsmall business..