Another source for loans is the Internet. The SBA also can refer businesses to free counselling canters to improve their performance. McLean says his company did not approach MDT any differently than it had approached the other banks. I think it was just the ... credit crunch that prevented us from getting a loan.” He is foundered of The Knowland Group, a company that helps hotels fill up their meeting space. These kinds of companies were successful in 2008 and during the recession, but times have changed.
Before paying for anything, make sure the company is legit. “Many came back with proposals, but the terms were very onerous. The best place to get a small-business loan is still a bank, says cloudier. These kinds of companies were successful in 2008 and during the recession, but times have changed. Another source for loans is the Internet. A more persistent approach has better odds of success.