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basicpacketsbasicpackets PEx Rookie ⭐
edited March 2019 in The Entrepreneur's Corner
Hi everyone. I have been thinking of putting up my own retail store ***** online shop and had been preparing for this for about 2 years. I have managed to save an amount but I think this would not suffice what is needed to put up this business. My question is, other than the banks, do you know a cooperative or entity that could offer a personal loan to starting entrepeneurs? Or should I do it through the bank instead?
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  • SaineLopezSaineLopez PExer
    basicpackets wrote: »
    Hi everyone. I have been thinking of putting up my own retail store ***** online shop and had been preparing for this for about 2 years. I have managed to save an amount but I think this would not suffice what is needed to put up this business. My question is, other than the banks, do you know a cooperative or entity that could offer a personal loan to starting entrepeneurs? Or should I do it through the bank instead?

    Hello! Sorry, but I'm only aware of the loans from banks. I do not know more information about the others. But, I believe that there are also some that could offer business loans with much lower interest rates.
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  • basicpacketsbasicpackets PEx Rookie ⭐
    Thanks for the response. I was thinking of a cooperative that can give loan with interests not so much as what the banks are giving or something like San Diego Credit Union which I have known when I was visited my relatives in CA last year. They placed their housing loan under the said union and the payment scheme is more flexible compared to what the bank offers.
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  • jetfastcashjetfastcash PExer
    Are planning of putting up your own business but don't have enough money to start it? Well, you may find help at Jet Fast Cash.

    Jet Fast Cash offers non-collateral business loans and business financing for Filipino entrepreneurs who are planning to start a small and medium business in the Philippines.

    You are all invited to check on the site http://www.jetfastcash.com/ to see how you can avail of the loan.

    :)
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  • milo1112milo1112 PExer
    Hi jetfastcash,

    You can try posting an add or looking for people who needs funding at www.entrepzone.com

    Sign-up is free and you get to connect with business minded individuals :)
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  • milo1112milo1112 PExer
    Hi SaineLopez,

    You can try posting an ad at www.entrepzone.com

    The site helps people like you who need funding connect with potential investors :)
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