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Questions & Answers provided by Yahoo! Answers Q1 Is there any risk in taking unsecured small business loan? I need a small business loan,what are the risks and downsides of an unsecured loan? Asked by on 2010-12-13 17:12:23. Hi The positive : Easy The Negative : Cost is high There is more risk to the lender Yours VN Answered by V Narayanan on 2010-12-13 17:12:02. A1 Q2 safe guard you home if a business loan is taken against it? Is there any way possible to safe guard you home if a business loan is taken against it from bank and you are not in condition to repay you business loan? Asked by on 2009-09-14 16:09:46. First, it depends on what is in the business loan papers. Did you, as the business owner (or one of the business owners), personally guarantee the loan or use the house as collateral. If you are not the business owner or did not personally guarantee the loan or use the house as collateral for the business loan, your home should not be part of it. Second, if you file bankruptcy because of not being able to repay the loan, the home may be shielded in part, under state exemptions. Third, take out a home equity loan for as much as you can (if you can get the loan), so that there is no profit in trying to get the home from you. Answered by on 2009-09-14 16:09:28. A2 Q3 Where can I get Small Business Loan in West Bengal? Dear Friends...I am going to start a Small Cyber Cafe in Birbhum District in West Bengal. I belong to a lower-middle class family and my financial status is poor. That is why I need a Small Business Loan to start my business. Please help me if anyone know where can I contact for that and what is the necessary steps for that? It will be my great pleasure if I get any help. Asked by Robina K on 2010-11-14 11:11:53. If you need quick money, one of these could be the answer. Whether it is a medical emergency, garage bill, or merely bad financial planning, one way to get help is to obtain a quick loan. Obtaining a quick cash loan, or cash advance has never been so easy, thanks to the powers of the internet. I am pretty sure it is compulsory for quick payday loan applicants to have been in their current employment for a minimum period of 6 months. Cash advance has become a useful alternative when we need quick cash. The online payday loan takes only a minimal time to complete and usually doesn't need any other documentation. Occasionally in between paychecks we find ourselves running out of cash, and need to find an easy cash loan. Luckily it is simple to apply online for fast cash loans. These loans are easy to obtain and because of the way that they are set up, are easy to pay back. To submit an online loan application the applicant must be over 18 years old, this is always required. One thing you might want to find out is if you are being charged extra for a no credit check with any online payday loan you take out. You can get an online loan without setting foot out of your house. check this site for very usefull information it will helps you sure You simply cannot afford to miss this - http://best-online-loans.info/ Answered by on 2010-11-14 23:11:43. A3 Q4 How to get alertpay business loan ? I want to get business loan through alertpay. I want to get business loan through alertpay. Asked by on 2010-12-16 16:12:40. not going to happen and you won't get one anywhere without a good business plan Answered by Zarg222 on 2010-12-17 02:12:33. A4 Q5 Plz help me where can I get Small Business Loan to start a business? I am going to start a small business of computer service. But my monetary state is not so good. Anybody please tell me where can I get small business loan of about Rs. 2 Laks. It will great help for me. Asked by Robina K on 2011-01-06 18:01:07. Answered by on . A5 Q6 what is the formalities for taking a home business loan? Hai friends, i am a distributor of a Nutritional company. i want to do this business in myown home. so do u know any information about business loan.. i cant take a rental shop... i have only union bank accout. i wish to do the business in home only. need 200000-300000 rs. pls assist me Asked by on 2012-01-12 13:01:37. Answered by on . A6 Q7 how to get a business loan in banks to start a new business? which bank is best in business loan? Hi! I need to start a new business in my hometown. how to get a business loan in banks to start a new business? which bank is best in business loan? What are the documents required? Thank you Chandru Hi! I am 28 yrs old & working in a private company in delhi. But i am interested in starting business in my hometown.(Salem, Tamilnadu) Thank you Asked by on 2011-09-25 13:09:27. Getting a business loan is NOT easy – especially with the tough economic climate. You just don’t go to a bank to ask for a loan with only your business idea. Banks look at other factors not just your credit score when applying for a business loan. Banks want to see: - demonstrated ability of the business to generate revenues -- businesses that are already operating and have at least 2 years' worth of financial statements that demonstrate strong profitability. Business ideas are just ideas; not proven to generate profits - ability to repay the loan through collaterals and assets - solid management team: they want to know that the business will be run by someone who knows what they are doing - excellent credit history - your investment in the business: they want to see that you believe in your business enough to put down your own money into the business If you have the above, then prepare a business plan. - The business plan is NOT the first thing banks want to see. It's important, but banks will need to see your ability to repay the loan. Sometimes, they won't even bother to read your business plan if they know you don't have any money. If you have to have a business plan, you need a good executive summary (as that is what they're most likely read, if at all) PLUS solid, realistic financial projections/plans Answered by imisidro on 2011-09-28 07:09:40. A7 Q8 what are all the terms and conditions for claiming a business loan ? what are the terms and conditions for claiming a business loan worth 7 lakhs from any regional banks in tamilnadu or national banks ?? collateral available... Asked by on 2011-11-16 13:11:04. u will get the detail information through bank! Answered by on 2011-11-16 20:11:06. A8 Q9 Are you facing any problems in getting a home loan / business loan ? Please let me know wha t type of problems are you facing in getting a Working Capital loan or Home loan in Jalandhar / Punjab only. Asked by on 2008-10-02 11:10:23. its not easy of getting those loans you should keep the proofs of your job or of your property. if he founds them to be clear then they will sanction ur loan and then you must pay them monthly intrest . if you were failed to pay the whole loan money to them they will seal (occupie) your property i.e, which you had gave them as your proofs. Answered by abenowwwwwww on 2008-10-02 12:10:42. A9 Q10 Where would I receive full financing on small business loan? My question is would it be possible at all to recieve full financing. Asked by on 2010-12-13 16:12:21. doubtful - you need to be sharing the risk with the lender - investing your own money, getting family members to invest Answered by Zarg222 on 2010-12-13 23:12:14. A10 Read More...