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Forum nameFinancial Feast
Topic subjectNot sure what to do now...
Topic URL
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!

Lisa :-(