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What Are My Chances of Getting A Business Loan With A Co-signer??? Please Help.?

I am 18 and would like to start a very fast growing franchised video game business. Besides my personal bank account, I have no other credit references. What is the possiblity that a bank will give me a $150,000 loan with my father as a co-signer. He has excellent credit and many investments and assets including a shopping center and a home. All answers are apreciated. Thank You.
I am not asking my father to lend me the money, because I want every aspect of the business including the loan to be under my name, I want to build my credit, and the interest on the loan is a good tax deduction.

they bank is going to need a collateral from your dad….
so, good luck w/ the new business….

Written by admin

January 26th, 2009 at 9:28 am

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