STARTING A RESTORATION BUSINESS

Subscribed...... Night and day difference between your current business model and a legit business as an entity by the SCC. Both can earn a living. But your current model does not cover the true cost of everything needed to run a legal entity.....

With that being said getting a small business loan is next to impossible. It all comes down to collateral and your earning power. A bad credit rating and no real history in regards to employment (you are earning a living but it's not legitimate according to the taxpayers and the IRS) is stacking the deck against you.

You basically need the cashflow and be liquid. It will be interesting to see what others say on the topic but if you are looking for a Bank or SBA to help you expect it to fall mostly on deaf ears....

JW