Hi all,
I have a question about getting a loan from a bank to finance a startup company. It's something I've had no real experience with - I've always been the employee instead of the owner.
I have experience in what I am going into, and have a good business plan done up. I have also undertaken some market research backing up the idea. While I can't get into the specifics - in essence I would be providing services / consultancy to Irish companies in my area of expertise.
The sort of money I'm looking for is quite small I think - the costs would cover purchase of equipment (home office, laptops), company set-up costs (biz cards, brochures, phones etc), and an amount of money to cover the starting phase when business would be slow to start.
I'm looking for people's experience with this sort of thing - how easy / hard is it to get money from banks for start-up companies?
I have a question about getting a loan from a bank to finance a startup company. It's something I've had no real experience with - I've always been the employee instead of the owner.
I have experience in what I am going into, and have a good business plan done up. I have also undertaken some market research backing up the idea. While I can't get into the specifics - in essence I would be providing services / consultancy to Irish companies in my area of expertise.
The sort of money I'm looking for is quite small I think - the costs would cover purchase of equipment (home office, laptops), company set-up costs (biz cards, brochures, phones etc), and an amount of money to cover the starting phase when business would be slow to start.
I'm looking for people's experience with this sort of thing - how easy / hard is it to get money from banks for start-up companies?