Need loan for new small business. CC, SBA, cash, etc…?

Seems shady

Op does the dealer do financing?

Pay cash.

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shanewilliams0311@outlook.com

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shadyshane1986

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My name is Shane

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Looking to start a new business that only requires a trailer. Price point is $17,500. Will be generating roughly $1500-$3,000 pretty passive income. Going to pay off in a year or less.

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I did something similar 2 years ago. My franchise fee was $13,000. It has been averaging $1,500-$2,200 in passive income the last 18 months.

I picked a couple of credit cards that had a zero interest promotion on purchases and cash advances for 15 months, with $8,000-$10,000 line of credit. That's how I financed the franchise fee. I paid it all off without ever paying any interest.

Before you do anything OP, you want to start the LLC, open a bank account in that LLC, and transfer any personal money you plan on using into that LLC. That small of a business will require a personal guarantee no matter what.

As said, look to see if a trailer company may have a finance deals. Often times companies that sell equipment have the means or method to finance for reasonably good deals.

Consider someone online like RocketLoans.

CC with 0% interest is not a bad idea, but I doubt the trailer company lets you put $17k on a CC without a CC fee.

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I'll give you the $17500 for 30% of the revenue until the $17500 is paid back and 10% of revenue thereafter.

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Hello Mr. Wonderful.

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give you the $17500 for 30% of the revenue until the $17500 is paid back and 10% of revenue thereafter.

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I’ll do straight loan 5% interest weekly. I’ll be by every Saturday for interest payments until you can pay off the principal. If you fail payment the interest gets tacked on to the principal.

Don’t make me come look for you. I’ll need the names and addresses of all family members