Yes, I think you have a chance. With the Small Business Jobs Act, Community Banks will have more money at cheaper rates to lend. So go to a Community Bank when you?re ready to apply. The act also waves fees on most SBA loans and extends the payment terms, which would lower the cost and payment for you. Are you buying a building or are you buying mostly ?good will?? Banks are more likely to lend on brick and mortar than ?good will?. If you have a Small Business Development Center or SCORE in your area, I would recommend you ask them for assistance. These are SBA sponsored organizations that offer free assistance to small businesses. They can help you with your financial projections, business plan and how to position your plan to best qualify for the loan.

Good Luck and congratulations on the great credit score!


Dee
Partners In Demand
www.PartnersInDemand.com