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04 - The Business Plan Writing & Using a Business Plan

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  #1  
Old 07-23-2008, 09:03 AM
WhatsAPro
 
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Default Buy or Lease Property for Business

Before I even start my business plan, I wanted to know what is easier to accomplish: getting a loan to buy or lease property.

If I lease, then my loan can be for about 6 months of rent on a place.
If I buy, then my loan would have to be for the entire purchase price.

It seems logical that leasing will look better for the banks.

Anyone have any input on this?

Thanks.
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  #2  
Old 08-12-2008, 02:30 PM
Opportunity World Editor Opportunity World Editor is offline
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Default More Info

What sort of business are you starting and what kind of property are you looking to purchase? Are you going to the SBA for a loan or your local bank? There are a lot factors floating around. If you fill me in a bit more, I might be able to find some information to help you out.

Best wishes

Andy
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  #3  
Old 09-09-2008, 11:12 PM
butler68 butler68 is offline
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Default Lease

In my experience, I have found that banks and investors would rather you lease in a start-up business. Let me know if I can help you with anything else.
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Old 03-22-2010, 05:07 PM
Elizabethys Elizabethys is offline
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Old 03-23-2010, 07:27 AM
Vcteforuzp Vcteforuzp is offline
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