How to get a startup business loan with no money?

[jenny]

I’m trying to understand how to get a startup business loan with no money, but the process seems confusing. Do lenders even approve loans without upfront capital or collateral? Are there special programs or alternatives for beginners? If anyone has experience or knows the right steps, please share.

 

[Adam]

A‍‌‍‍‌‍‌‍‍‌ startup loan without any money is possible if you develop a strong business plan, raise your credit score, and seek out such choices as government-supported loans (e.g., MSME or Mudra loans in India), microfinance schemes, or unsecured business loans that do not ask for an initial capital deposit; the majority of lenders look at your business concept, estimated income, and your personal creditworthiness more than they look at the funds you already ‍‌‍‍‌‍‌‍‍‌have.

 

[camila]

It is possible to take out a startup loan with zero cash, but it is typically in the form of such activities as SBA microloans, crowdfunding or lenders who are more credit-based and business plan-based than collateral-based. All you need to do is demonstrate you are low-risk and then you have a point.

 

[tito]

Getting a startup business loan with no money is possible through options like SBA microloans, crowdfunding, personal loans, angel investors, or business grants. Lenders will focus on your business plan, credit score, and projected revenue instead of capital. Building a strong proposal and showing market demand greatly improves approval chances, even with zero funds.

 

[Peter]

You can get a startup business loan with no money by building a strong business plan, improving your credit score, and exploring options like microloans, SBA loans, business grants, or lenders that accept collateral or personal guarantees. Many founders also start with crowdfunding or seeking angel investors when they lack upfront capital.