I have a 642 credit score, where can i get a business loan?

I have the opportunity to purchase a restaurant for a great price. Current owners have to sell now due to health. I have a credit score of 642 due to high balanced credit cards. All debts are current, no foreclosures. Credit cards used for need not pleasure. I%26#039;m having a problem getting a loan. Current owners have kept terrible records so the one company that was considering me, backed out. I have been in the business for 15 years and my fiance for 25 years. I need 45K to purchase and 15K for working capitol. Business is located in downtown area near plenty of businesses and government buildings. I can not offer home equity or a large down payment. I am currently working three jobs to raise money but owners are working hard to sell. I don%26#039;t want to loose this opportunity.

Looking for someone to take a chance on me.

Any suggestions?

I have a 642 credit score, where can i get a business loan?cash loan

Having just opened a restaurant myself I think it%26#039;s best to look a some type of federal grant for small business ,or if you belong to a credit union they are always helpful with loans or maybe a smaller bank . also you can liquidate some of they owners things like stuff that you want be using or needs to upgrade, but if you have about $250 dollars to spare you can hire a grant writer to help you get money . and your credit score is pretty fair!!

I have a 642 credit score, where can i get a business loan? loan

Small business loan are a great financial help for small business owners. Without monetary support, a business, whether it is big or small, can not be run smoothly. With a small business loan, financing in small business is always possible. Can a borrower with bad credit score apply for a small business loan? Yes, they can. With the%26lt;!--availability of a bad credit small business loan, a bad credit borrower can also finance in his small enterprise.In the loan market, a bad credit small business loan is available both in secured and unsecured form. The secured option claims a security against the lending amount. Borrowers can use any sort of valuable object as a security. You may find the small business loan to start of your business here,

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