We are estimating that we will need $138,900 to get Green Lawn Landscaping going. Of that both Frank and Peter will be contributing $68,900 from their own savings and the remaining will be raised in the form of a term loan from a local bank where Frank has been doing business for many years.
The total of $138,900 in estimated start up costs have been bucketed into three large components as follows:
Both Frank and Peter understand that if the startup costs are higher than they have estimated, they both will have to contribute the additional capital needed to get the business up and running successfully.
The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!
The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.
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