Like in another point you had. It was really hard to get funding for my second business. After 2008 all the banks really tightened up their lending practices. That was four years ago so, I am not sure what is going on today. Seems like the banks may have let loose again. Back then, I got approved for an SBA loan and they require lots of liability insurance for startups. My business was working with kids so I was hampered with lots of other startup costs and quarterly insurance fees. I even had to pay for flooding insurance because my shop was located near a water estuary. They don't seem to tell you all this until after you sign off on the loan. Hey I just followed you on twitter. My goofy VR channel name is @RealityMixed See ya man.
You are viewing a single comment's thread from:
Yes I have heard that. I think it depends on the country - I have friends here in England that are still having difficulty getting loans for their businesses.
On Twitter? I will take a look.