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Where can I find an investor or lender so I can buy out a business but i have bad credit? |
The business I want to buy has been in business for 5+ years. The total turn key package is $134,000. The business is in NY, 90 miles south of buffalo. It can be secured by a building and some extra undeveloped property. Check the companies on this list. Maybe one will. (But you better have a good business plan and some training or experience or can demonstrate that you intend to hire people who do) No where http://en.wikipedia.org/wiki/Angel_inves... Bad credit is one of the worst problems to have... however there exists a solution. |
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You cant sign legal documents until you are 18, or emancipated. They would have to be in your moms name. All qualificaitons would have to be in your moms names. Her credit will be used, her inco... Typically, you do not. Principals acting for themselves do not need to be licensed. If you are buying properties for yourself... don't worry. But, if you form a syndicate of some sort (po... Hi, Business angels would be the best option. Prepare a proper business plan go and see the manager of any leading bank he will give you some guidance about the business plan then just find out ... To the person who replied before this: why would having a great idea mean that you also have the capital required to launch that idea? People get investors all the time. To the guy who posed t... The question is how far into the foreclosure are you. Have you contacted the mortgage companies and inquired about having the payments you are behind added on to the back end of the loan. Most co... If you are adding another $7K, a year, you would need 37% returns every year to make $100K (and you would have to pay a lot of tax on that, so you will end up with a lot less). With somewhat mor... BUSINESS PLAN FIRST THEN SEARCH FOR INVESTORS. DO A SEARCH FOR BUSINESS INVESTORS. SCORE CAN GIVE YOU SOME IDEALS AND SBA. ...You could try ... |
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