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Is it possible to get multiple loans....?

Discussion in 'BBS Hangout' started by ToyCen428, Aug 20, 2011.

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  1. ToyCen428

    ToyCen428 Member

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    Ok, to clarify my question. I've googled this and can't find the exact answer I'm looking for. I'm about to apply for a business loan, the amount of money Im looking for may be out of my reach, so my question is: If I get rejected on this business loan, can I apply for smaller loans at multiple banks to get the funds I need? Or no?
     
  2. pgabriel

    pgabriel Educated Negro

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    if you're applying for loans, they're gonna see that on your credit report. if its a small business loan you have to put your name on it. secondly, they may ask you on the apps and you don't want to commit fraud.
     
  3. IBTL

    IBTL Member

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    [​IMG]

    I will get a loan then get another loan from that.. With the proceeds from those loans I will get a loan...Equity from that creates guess what? more loans!!

    Actually toycen sounds like you might be on to something.. :)
     
  4. across110thstreet

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  5. YaosDirtyStache

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    I knew you would fail when DD gave you his kiss of death, it transcends the NBA Rookies and now attacks homewrecked UFO maniacs looking to own coffee shops.
     
  6. TheRealist137

    TheRealist137 Member

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    Clutch needs to charge you for using this website as your own personal business consultant.
     
  7. IBTL

    IBTL Member

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    depends on the topic.

    You just don't like OP. I guess that is fine too ,but seeing whether he gets this loan or not is kinda interesting to me. Call me easily amused but now I want to know what will happen? This is better than that boring almu story that's for sure.

    I mean will the alien lover get his coffee place? will the business really be what the lady told alien lover it would be?
    What about the mexican restaurant? what will alien lover do knowing there are no good fajitas in VA? Can alien lover get past that?
    stay tuned..

    This is a boring offseason ,and a damn boring lockout.dammit. :mad:
     
    1 person likes this.
  8. Scionxa

    Scionxa Member

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    You didn't Google hard enough -____-
     
  9. Classic

    Classic Member

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    i'd suggest finding a banker at a locally owned community bank or credit union
     
  10. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    Seriously? I mean...seriously???


    TALK TO A BANKER.
     
  11. geeimsobored

    geeimsobored Member

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    When you apply for a loan, make sure direct your loan officer to these threads.
     
  12. dback816

    dback816 Member

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    I've had people apply for cashout refinance and purchase at the same time before

    The trick for her was that the refi had to be finished before the purchase...so she can use the cashout to downpay.......

    So...yeah...risky stuff...but doable if you do your homework
     
  13. KingCheetah

    KingCheetah Atomic Playboy

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    Do you have multiple car titles?
     
  14. Kam

    Kam Member

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    You know how it shows similar threads towards the bottom. It's going to show all of his threads. You can't blame the fella. He doesn't remember starting these threads. The Men in Black is erasing his memory.



    Let's play a game. Let's guess the next repeat thread.


    My money is on where can I get an Orakpo jersey.
     
  15. tmoney1101

    tmoney1101 Member

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    Somebody send out the fat signal.
     
  16. across110thstreet

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    clouds
     
  17. TexasFight

    TexasFight Member

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    haters gonna hate...

    PM me through this board... i'll answer any questions I can about small business loans if you're still interested...
     
  18. KingCheetah

    KingCheetah Atomic Playboy

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    You need to explain this or he will think he needs to start a thread in the afternoon.
     
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  19. TheChosenOne

    TheChosenOne Contributing Member

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    You must spread some Reputation around before giving it to KingCheetah again.
     
  20. Thefabman

    Thefabman Member

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    Depends...what planet is this bank on?
     

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