Bad Credit Business Loan in Albertville, Alabama – Want 30000 — I own L Lee’s Laundry and Drycleaning business here in town. We do not have any credit rating since we have never had to borrow money before so I guess that gives us a bad credit rating or no rating at all. I really do not understand this credit rating stuff very well, but I do know the laundry business.
We are upgrading our dry cleaning machines and this costs a lot of money. We need to do these upgrades to compete with another laundry store a few blocks away or we will lose a lot of business. All my cash is invested right now otherwise I would just use the cash we have.
Do you think we can qualify for a loan so that we can get the upgrades started. When the cash investments mature, I will repay the loan in total.
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