Business Financing for Veteran.
My husband is US veteran and we are looking to get a loan in order to buy a building that is currently a salon. We would be keeping it a salon/barber shop, and him and I would be working there. It has an apartment attached. We own our home, with no mortgage, but our credit is not the best. We also have very little to put down as a down payment. The asking price on the building is just under $40,000.00. What would be the best way to get financing? Would a collateral loan using our home be a wise decision? by ruthphillips9140950 from Greenwich, Ohio. Dec 1st 2013
Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions
Look for SBA 504 or Patriot Express Loan - here is a list of lenders you can attemtp to contact. Approved Patriot Express LendersCurrently, there are 12 approved Patriot Express Lenders. The lender name, city and state are as follows:Whitney National Bank, Jefferson, LouisianaWillow Financial Bank, Wayne, PennsylvaniaWilmington Trust Company, Wilmington, DelawareWilson & Muir Bank & Trust Company, Bard, KentuckyWinona National Bank, Winona, MinnesotaWoodsville Guaranty Savings Bank, Woodsville, New HampshireWright Patt Credit Union Inc., Fairborn, OhioWyoming Bank & Trust, Cheyenne, WyomingWyoming National Bank, Riverton, WyomingYellowstone Bank, The, Billings, MontanaYork State Bank & Trust, York, NebraskaZions First National Bank, Sacramento, California
Ask our community a question.
Get an answer
Related Questions
