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Wesley Gillespie - ERIEBANK

What you need to know for starting your own business

Whether you want to start a business – or keep one going – it takes money. But how do you get it? Wesley Gillespie is the Regional President of Erie Bank and he was here with advice.

Here are the questions Hollie and Alexa asked:
What are some of the most important things to consider when starting or buying a business?
How important is credit history in getting capital for your business?
What types of loans are available for small businesses?
How difficult is it to qualify for a business loan?
What are some of the items needed for a business loan?
How does a business owner go about raising capital for their business?
What about getting investors for a business? How do they fit in? (Can a business owner acquire capital through investors?)
Is the business owner expected to put in their own capital?

 Find us on Social Media @ ‘Live on Lakeside’ and let us know if you’re starting your own business!

For More Information:
ErieBank.bank

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