This topic contains 1 reply, has 2 voices, and was last updated by Dock David Treece 4 months, 3 weeks ago.
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Fit Small Business: Get Your Business Into Shape! › Forums › Ask a Question › Startup Bank loan/funding
This topic contains 1 reply, has 2 voices, and was last updated by Dock David Treece 4 months, 3 weeks ago.
Hello Dr. Khaled,
Based on the situation you’ve described, it may be difficult for you to secure a loan or other funding for your business. If you want to secure funding for a US business, it’s typically helpful to have assets in the US that lenders can lend against – this helps them to feel more confident in their ability to collect on your loan if you default. You may be able to find equity funding for your company more easily, but this would still be much easier if you had assets in the US, earnings from US companies, or registered intellectual property (e.g. a patent) in the US. Without any of these, you’ll likely have a hard time securing funding for your new venture.
Hope this helps,
Dock
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