Self-employed and financing

[Nick Koukidis]

Hello all,

I am a self employed contractor in CT. I have been running the family business for 16 of its 35 year history. It amazes me that if i wanted to go to a bank and ask for a loan for a piece of hard equipment they would fall over themselves to help me.

You go in for a heloc or a mortgage and its like i have the financial equivalent leprosy!!

I am frustrated with the whole process but trying to see what other avenues i can take to reach my goals.

Are there any programs available to small business owners?

Or any advice from other contractor investors out there?

Thank you in advance

[Dave Skow]

Do you own  any percentage of the family business?  how  are you paid ?  draw?  salary ? if you have ability to  make the income you are =earning  appear on your  2019  tax return ,   having some tax returns with a solid  verifiable income will be  very beneficial  in the future