Getting a Loan as a New Entrepreneur

[Fire&Rain]

Starting out as a new entrepreneur can make getting a loan tricky, but it’s not impossible. Banks usually want to see a solid business plan, proof that you understand your market, and some kind of financial record, even if it’s small. Building trust with the bank and showing that you’re serious about your business can go a long way. Sometimes starting with smaller loans or grants helps build credibility before going for bigger funding.

 

[Suba]

Actually, getting a loan isn't as difficult as you might think, even if you're just a new entrepreneur. I recently received a loan offer from a bank, but I didn't take advantage of it because I didn't need a large amount of additional capital at the time.

 

[Kross]

Personally, I would be very scared to get a loan as a new entrepreneur. Repayment is always very difficult.

 

[Augusta]

it is not wrong to start a business by borrowing or making a loan, but you need to think about the risks you will face, as the risk of business failure