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Where should I go to find an "angel investor to obtain $50,000.00 to expand my business?


I am interested in expanding my existing business, but the bank will not give me a loan. Where is the best place to find an 'angel investor' with $50,000 to invest with a great ROI potential?

Talk to medical professionals in your community. I have found if you can show them a good return and a 3 to 5 year payback, they may show interest.

Go to a local financial planner and see if they can find five people willing to put up $10,000 each. They usually have a large number of clients that would be willing to risk that amount. Before you go make a business plan, have facts and don't act desperate.

space473 has a good answer, however, depending on which state you live in, there are state and US Government loans available.
ALSO, THERE IS A SUBDIVISION OF THE S.B.A., NAMED MICRO-LOANS, that is available !!! Try these.
Uncle Wil

You could try the website:

www.prosper.com

Just apply for 10 Credit Cards with at least $5,000.00 USD.

This website sells a list of active angel investors:

http://www.fundingpostreport.com

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  Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds   Alternative Investment
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