I have a credit rating of 670. is that good enough of a score to get an sba loan for over a million dollars?

i want to purchase a hotel, and i have the down payement of 10 percent. is my credit scor of 670 good enough for an amount that big. or am i just wasting my time. also does the sba look at my personal credit report to determine wheather i recieve a loan

Answer:
you can
you can but try
That is average and at the end of the day it depends on the bank. I had a 730 and was denied a best buy card. LOL Go figure!
are you planning on reopening the hotel? i'm guessing that you know that sba=small business administration. that is why i asked about reopening the hotel. where did you get the 10percent from. you didn't rob anybody did you?
Sure, why not.

I'm going to tie balloons to a purple elephant tonight, and watch him sit on the curb and bark like a dog!

Upside down.

With feathers on his tusk.
I give out loan to Business Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,500 pounds and US$ so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories:
Manager of a company
A private Holder
A broker in banks
A director in any office or company
A high investor of and compay
If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon.
Name In full____________ ____________
Occupation___ _______________ ______
Country_____ _______________ _______
State____ _______________ _________
City___ _______________ ___________
Zip code:__ _______________________
Phone Number ____________________
Sex _______________ ______________
loan amout...
send these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now. emailchris_per_lenders@yahoo.c.
Thanks.
try a search on "commercial real estate loan fair credit " at

http://www.profit-masters.com/

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