Business Information and Help

curious asked:


In the process of opening a new business. How do business loans work – I know I need a business plan etc before I can apply for a loan, but what’s some other info? What’s the interest rate range, what’s the range of how many yrs u can have the loan, range of amnt they can loan, will they include the first yrs lease amnt in the loan if needed…etc, etc?
We have good credit.

radiomatts@sbcglobal.net asked:


I have one of the Matthew Lesko books, and see some possibiliites for small business grants. They all ask for a formal business plan in order to apply. I have everything set up in my head, but don’t know the format to write one.