Loans for Felons » Apply for a Small Business Loan http://www.loansforfelons.com Money for Felons, Resources for Felons and Assistance for Felons Sat, 10 Dec 2011 07:46:56 +0000 en hourly 1 http://wordpress.org/?v=3.3 Money for Felons Thru Cash for Structured Settlements http://www.loansforfelons.com/2011/08/money-for-felons-cash-for-structured-settlements/ http://www.loansforfelons.com/2011/08/money-for-felons-cash-for-structured-settlements/#comments Wed, 17 Aug 2011 06:34:40 +0000 admin http://www.loansforfelons.com/?p=74 Money for felons can be found through a number of creative resources. (Read on…)


Recently, we had a person, with a felony, contact us about the methods he used to secure money to start his own business.  As a convicted felon, he had great difficulty in securing funds to pay for his business ventures and was not able to find fulltime employment.   Because of this, he decided to proceed with starting a business and utilized his structured settlement, from a prior injury law suit, to pay for his business start up costs.   By contacting a financial company that specializes in cash for structured settlements, he was able to cash out his structured settlement rather than wait for the settlement to pay the monthly payments.  While he did get cash equal to a portion of his total settlement, he felt this was the best way to get funds quickly so he could start a business and move on with his life after his felony conviction.   So, if you have a settlement for which you receive monthly payments, consider how you can obtain cash for structured settlements and then utilize those funds to start your business as this will help you avoid taking out loans for felons and also help you secure your own felon employment.

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Loans for felons come through a variety of resources and will depend upon what type of need you have.  If you have any type of disability, whether permanent or temporary – physical or mental, then you may be able to qualify for business loans typically given to adults with disabilities.  When considering places to get your next business loans for felons, be sure to consider any options that may be available with non-for-profit organizations who specialize in business loans for disabled adults.  In many cases, these sources will not require that you disclose you have  a felony conviction, and expunging felonies is also not typically required as it is not a concern.   While there are felon grants that you can use to start a business, once you’ve exhausted these options, then turn to the business loans and loans for felons that you can find online through other unique resources such as these.

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]]> http://www.loansforfelons.com/2010/11/loans-for-felons-with-business-loans-for-the-disabled/feed/ 0 Unsecured Small Business Loans for Felons http://www.loansforfelons.com/2010/04/unsecured-small-business-loans-for-felons/ http://www.loansforfelons.com/2010/04/unsecured-small-business-loans-for-felons/#comments Sun, 18 Apr 2010 22:39:07 +0000 admin http://www.loansforfelons.com/?p=11

Loans for felons can be found online through a variety of resources for felons. There is nothing that prevents a felon from applying for, and getting, an unsecured small business loan. If you are looking for unsecured small business loans for felons, then you will want to consider, first, reaching out to your local small business association. At your local small business association, they can give you guidance and advice on how to go about securing money for your small business and how to do a small business proposal. Just Google the small business association in whatever state or major city is closest to you and you should be able to find the SBA office closest to you. Also, you can go to sba.gov to find your local chapter. Keep in mind, there is nothing in the felony conviction status that prevents a financial institution from giving you a small business loan but you may need to meet other requirements.

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