Small Business Loans



ORIGINAL POST
Posted by Kiwi chick 14 yrs ago
Hi there we are a 3 year old business wanting to expand our product range. We currently bank with HSBC but they do not loan to small businesses and have been told to try the smaller banks - has anyone else aquired a small business loan from China Construction or BEA? or any other bank or finance company? if so would love advise as to what is required...thanks

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COMMENTS
dannyboy77 14 yrs ago
HSBC will lend you money but you need to personally guarantee it. No bank will lend a small company money without a personal guarantee or company assets to act as collateral

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