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I am in my early 50's and used to make 6 figures, but bad investments have put my few properties into foreclosure.  My business should make money, but hasn't - it's credit is excellent, though.  I need to either invest in my buisiness or get back into a high-tech field that was so good to me in my earlier days, but I have huge debts (mostly mortgages), lots of IRS $$ due.  I wish I could sell my real estate or get an investment of about $100K against 1/4 acre of industrial urban vacant land (it has no mortgage on it) so I can either (a) revamp my business or (b) refresh my career skills - depending on how my capital I have. 

First, thank you for taking the time to research my post. I purchased the idea of this business and a few product concepts last year, since then I have more than quadrupled the product line and geared it to today's homeowner and tastes. I have invested over 50K and last year was able to obtain visibility through five different facilities of a popular home improvement store. This year they have stores asking to display the product (they are currently special order only) and by the end of March I will be represented in 10 stores. I did not get into the stores until August of last year and due to the drought experienced in our area and the need for people to realize the product exists, the regional told me not to expect anything for at least six months. He was equally surprised when we received orders within the first month and sold approximately 11K. Because this product is seasonal we expected a down time after October, it did not hit until after Christmas and we are now trying to get setup in additional stores before the spring landscaping season.

I am asking for money to enable me to grow to more stores, each display costs me around $1200, I invest every dime I make back into making more product so I can have displays ready for future stores. I know this is going to be a success I just need some assistance so I can be in enough facilities that the orders will sustain myself and my family. I want my husband to be able to move back to our home, he  had to take a job in CA six months ago which is over 1600 miles away, if I can get this going he can come home and we can work together.

To be able to get into my goal of 25 stores this year it will cost approximately 25K, I am happy to take in small amounts and pay back to prove myself and the company. I just finished our website and am hoping that will help w/exposure to landscape companies, designers, and other retailers. Thanks again, Colleen

If you don’t want to put your property at risk then an unsecured loan is the best solution for you. You can seek a loan irrespective of what you are. Whether you are a homeowner or a tenant, retired or unemployed, you can seek a loan for all purposes. Just imagine the flexibility it has, and that also without any risk to your property. Though, the lender may take legal action against you if you fail to repay the installments.

The benefits of an unsecured loan are immense. The first and the foremost is that there is no risk of repossession of your property. This could be considered as a big relief for the loan holders. Next, less documentation work is involved in processing an unsecured loan. It is all because of the absence of collateral.

I do not understand what I need to do to find information on applying for a business loan. I want to start a business and I need a loan from the goverment. How do I use this site?