How to get a loan for a brand new business?
It will be a challenge for you to get a loan for a brand new business that doesn’t generate any money, and this is pretty normal because lenders want to make sure you’re able to pay back the loan that they give you.
If you’re in the early stage of you business, quite often family and friends are your best option to obtain any financing, or you can take out a personal loan and use it for business purposes.