Is there a bank or institution that can lend a start-up capital for newbie entreprenuer (no resources whatsoever)

[tybuzz67]

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Hello, anybody here who knows what bank that can lend start-up capital to a newbie entrepreneur who has either no resources and physical asset for collateral.

I plan to have a diversified farming and livestock (pig, chicken, duck, goat) raising business. My family gave me their blessing to use our 6 hec. property which I can use whichever I want except the right to sell that piece of land.

I know I am a big risk for these financial institutions, but I'm just hoping that some of you may know what bank that will give chance to a poor but definitely trying hard for success kinda person. I resigned from my last job and right now am unemployed.

Any suggestions or help would be much appreciated.

[ayanski]

maybe u can use the land for colateral.

[tybuzz67]

i tried that tack, they are not in favor of it...

[Alexander L. Gelacio Jr.]

If you don't have a good track record for a business model or if it is not of a good franchise, banks would rarely lend you the money for business.

Do you even have the skills and knowledge or know-how on how to start, run and manage a business, and as you said you are a risk, a big one, so I doubt it.

starting a business should not stem from desperate situations, ie; unemployment, it should be of proper preparation and a big dream of improving your future, get a job and start preparing.

[johnlemon182@yahoo.com]

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[ryan22]

Hello, anybody here who knows what bank that can lend start-up capital to a newbie entrepreneur who has either no resources and physical asset for collateral.

I plan to have a diversified farming and livestock (pig, chicken, duck, goat) raising business. My family gave me their blessing to use our 6 hec. property which I can use whichever I want except the right to sell that piece of land.

I know I am a big risk for these financial institutions, but I'm just hoping that some of you may know what bank that will give chance to a poor but definitely trying hard for success kinda person. I resigned from my last job and right now am unemployed.

Any suggestions or help would be much appreciated.

you should try coop bro..
but first you need to be a member..
personally i prefer to deposit my money sa coop kay maka loan ka
kaysa sa mga banko, nag deposit tuod ka pro lisod-lisuron sad ka ug ikaw na mag need ug loan...

[bonjovax]

Hello, anybody here who knows what bank that can lend start-up capital to a newbie entrepreneur who has either no resources and physical asset for collateral.

I plan to have a diversified farming and livestock (pig, chicken, duck, goat) raising business. My family gave me their blessing to use our 6 hec. property which I can use whichever I want except the right to sell that piece of land.

I know I am a big risk for these financial institutions, but I'm just hoping that some of you may know what bank that will give chance to a poor but definitely trying hard for success kinda person. I resigned from my last job and right now am unemployed.

Any suggestions or help would be much appreciated.

UP ko ani.... I would gladly know how to start na jud.

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you should try coop bro..
but first you need to be a member..
personally i prefer to deposit my money sa coop kay maka loan ka
kaysa sa mga banko, nag deposit tuod ka pro lisod-lisuron sad ka ug ikaw na mag need ug loan...

Unsa na Coop Bro? Sensya kaayo bro kay ignoy baya ko ani mga coop and stuff. or can you enlighten me about coop?

[Cotton]

you should try coop bro..
but first you need to be a member..
personally i prefer to deposit my money sa coop kay maka loan ka
kaysa sa mga banko, nag deposit tuod ka pro lisod-lisuron sad ka ug ikaw na mag need ug loan...

Ako pud mag ask, unsa nang coop?

[ryan22]

COOPERATIVE bro...
naa may daghan diha Cebu ug Mandaue...

[sedated33]

Bro, Good Am. Let's talk about your business Plan. I have a small group of investors. They are willing to help and lend money to you if they see it as an opportunity. Send me a private message if you want to meet.

Happy Holidays.