reddraggon
White Belt
Hi,
I am a martial arts gym instructor for 3 years now. I am planning to start a martial arts school of my own. I have so many friends and contacts who would join my gym. Also, I have talked with an experienced teacher to train at my gym.
What's bothering me is the Capital required. I am confident that I can run the school to success. My initial thought is to apply for a loan. I have eyed a perfect spot for my gym. I have about 25% of the cost of purchasing the property. I have a doubt whether to go to a broker or directly a bank. I read a blog on this on the benfits of seeing a broker. Bank Vs Broker | Canada's Mortgage Website It is true that brokers may be able to provide a lot of options, but a Bank is a trusted place.
What would you recommend me? Will I be able to get a loan for a business as this will be my first loan of any time.
Please, help me make my dream.
Thanks in advance.
I am a martial arts gym instructor for 3 years now. I am planning to start a martial arts school of my own. I have so many friends and contacts who would join my gym. Also, I have talked with an experienced teacher to train at my gym.
What's bothering me is the Capital required. I am confident that I can run the school to success. My initial thought is to apply for a loan. I have eyed a perfect spot for my gym. I have about 25% of the cost of purchasing the property. I have a doubt whether to go to a broker or directly a bank. I read a blog on this on the benfits of seeing a broker. Bank Vs Broker | Canada's Mortgage Website It is true that brokers may be able to provide a lot of options, but a Bank is a trusted place.
What would you recommend me? Will I be able to get a loan for a business as this will be my first loan of any time.
Please, help me make my dream.
Thanks in advance.