169, Not sure what to do now...|
Posted by lisasgourmet, Mon Feb-19-07 04:51 AM
I had a meeting with a local bank that is "friendly" to small businesses.
Business plan is completed and great. Meeting went well. I thought.
Banker called me back & wants me to find a "co-signer" instead of writing up an SBA-backed loan package.
What do I do now? My personal funds have been depleted. I have no family that I can ask to put up their house, etc. or co-sign.
Do I move on to next bank or what?
Thanks for your help!