About John A. Troland Expertise I am a professional accountant, small business consultant and business
plan writer with 43 years experience ( I am also listed on allexperts
website as a volunteer in the category of Writing Business Plans).I can answer questions on what needs to be done to start a small business; forms of legal organization;financing for the business; need for a business plan; questions related to the purchase of a
business; risks and rewards of owning a small business; marketing and promotion questions and questions concerning bookkeeping, accounting
and tax considerations when starting a small business
Experience
Past/Present Clients numerous clients over 43 years in retail, wholesale, service and the
manufacturing sectors
Question I have just incorporated myself/my business and will be starting work on a contract I just signed recently. I need a very small loan in order to help buy equipment needed for the home office (where I'll be doing the work). The loan is approx. $2-4,000. Unfortunately, my credit is terrible, and I am fairly certain I could not secure a loan by simply applying for a credit card or a conventional loan. Does anybody in the bank have the ability/discretion to make a decision based on other factors? In other words, if I presented the signed contract that amounts to nearly a million dollars over the next five years, and also showed them documents demonstrating my work/salary history and other 'confidence builders', is there any chance that they could make a judgement call and not go primarily off my credit score? If so, who is generally the person in the bank to speak to? The president? The business relations manager?
Regards,
Scott
Answer Scott: I would love to hear more of the specifics of your new business venture and about the corporation you have setup. YOu may e-mail me directly at johntroland@msn.com and I will also give you my 800# to call me on.
I DO have the SOLUTION to your bank/credit score dilemna!!! It works almost EVERY TIME!!!
