Hi sifus, I would like to seek your advise and opinion on the following matter.
Currently, I and my partner is venturing into an F&B business est. requires about RM 250K- RM300K startup.
Initial idea of raising startup capital from loans.

My condition
Monthly income RM5k with 1 property commitment and credit cards.
Outstanding of CC all settled promptly.
I was thinking of seeking loans of about RM100K-RM200k. Will that be possible or would you advise that I seek other alternatives?

I have tried consulting banks about SME loans but their requirements are that one of it is that, the business that I am in should have an active 3 years of record. So, this wouldn't do for my case.



This post has been edited by wei.wei: Aug 27 2013, 04:36 PM