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Have an idea for a mobile app

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Business Loans

Is it possible to get a start up loan of $50,000 for a very marketable app that we developed for the fitness industry and the idea is notable and confident in success. Not sure how this would work and any advice is helpful. We would like to relocate to downtown Detroit with funding. More information can be provided at request.

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  1. loanmichigan on Jan 20, 2012 Reply

    You may want to find private sources or better yet venture partners that have experience marketing and developing mobile apps. Not that I have enough information about your business but traditional financing backed by your idea is not likely unless you sign personally or pledge personal assets, this of course depends on your income, credit and savings.

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