![]() |
|
| *Home>>>Business Invest |
Where do i find people willing to lend m emoney to invest in a business? |
Where do i find people willing to lend m emoney to invest in a business? loan and if that doesn't work then u can put it all on credit card....obviously this is extremely risky and if you fail u will be in a big mess. also keep in mind your business will probably wont make any profit for quite some time and you'll have to keep investing money in it. Somebody just posted this. Bank, my friend. If you find the cost of capital (i.e. interest on the loan) provided by the banks too high then make a plan of your project (with a nice presentation) and go around "asking" for money. You won't expect to become rich just like that. You have to bust some balls and ***. Trust me, if your project is really good you will find people who'd like to invest. You just need to run around a bit. That's business. Being busy... You can try prosper.com. It is a peer to peer lending network. It works best if you join a group. Gather all the doccuments like you would for the bank. The group leader can vette your loan request. After you make your request, Lenders , like me, bid with the amount of money they will lend and at what interest rate (5%-30%) Depending on you credit score/history. The lenders will bid the interest rate down. It doesn't cost you anything to apply, so check it out. Try your family, if they won't,maybe you shouldn't be in business. |
| Tags |
| Capital Investment Business Investment Business financing Business Invest Business Debt Bond Investment Angel Funds Alternative Investment |
| Related information |
I wish I could be in So Cal-(jealous)-why not try the art dept. at your local community college? ...How much do you need? ...First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. Financial disasters like getting layed off or sick happen to all of ... google "business angels" ...It can only be someone living outside Thailand who ask for this. Thailand is the most unsafe place to invest. Forget bars and restaurants. Forget finding partners. If you really want to invest in... If you had ever been to Mindo, Ecuador you would know the answer right off the top of your head. Mindo is a world wide major tourist destination but there is not a decent place to eat in town. I... they get sent to my bulk folder all the time, shall i forward them to you? ...As with any business, please check the company's history and track record, the integrity of the leaders, the profitability, the diversity in the products and services available, and the legal ... |
Categories--Copyright/IP Policy--Contact Webmaster |