Can you get a SBA business loan for a startup?

[zacharie101]

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]

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]

They will want 2 years of financials for SBA.

 

[Greg R]

They will want 2 years of financials for SBA.

Correct, SBA does not lend money to start ups.

Sent from my SM-G925V using Tapatalk

 

[amp0193]

They will want 2 years of financials for SBA.

And preferably those that show a profit