Loans Free Payday Loans

Question: Quick question on business loans?

(Posted by: p.dean76 on 2012-01-27 22:11:06)

I would like to apply for a $200, 000 loan, i have $100, 000 saved up. i have been told that my business plan was really good and informative. i am 22 years old with no collateral. (been in the restaurant industry for 5 years) i plan on opening a average sized pizzeria. would you think its possible for me to get a loan? and is it true that my 100, 000$ saving can be used as a collateral? i live in montrea, Qc in Canada if it helps with anything!!