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So I want to start this cafe...

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Xite91

Junior Member
What is the name of your state? Arizona
So, I found a beautiful place for sale, right next to a college and probably very pricey, making my first question this;
If I have some unpaid school tuition (I've decided to leave college, but need to pay for my first semester) can I bundle that with a loan to get and renovate this place?
My next question is what are the laws for licensing a cafe in Arizona?
Thank you all who take the time to read this ^__^What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?
 


Antigone*

Senior Member
What is the name of your state? Arizona
So, I found a beautiful place for sale, right next to a college and probably very pricey, making my first question this;
If I have some unpaid school tuition (I've decided to leave college, but need to pay for my first semester) can I bundle that with a loan to get and renovate this place?
My next question is what are the laws for licensing a cafe in Arizona?
Thank you all who take the time to read this ^__^What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?
Unless you have excellent credit and a documented source of repayment (your hope for your startup is not a documented source of repayment), a personal loan is going to be nearly impossible.

You should however visit the SBA's website and educate yourself about 7A loans.
 

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