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Can you get a SBA business loan for a startup?

zacharie101

New Contributor
Aug 17, 2013
27
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Is it possible to get a SBA loan for a startup for $30,000? If so, Would it require collateral?

I have good credit, but have no other option to fund my startup and don't want to max my credit card incase of an emergency. My startup is a food product that I want to launch.

If you have experience getting an SBA loan, please let me hear your story.
 

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grindmode

Bronze Contributor
Speedway Pass
Jan 21, 2017
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Kansas City
If you NETWORK and have a solid plan that creates TRUE VALUE or solves a PROBLEM... You will be able to find private investors all day long.
 

Envision

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May 5, 2014
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They will want 2 years of financials for SBA.
 

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