I know how to get the new Apple iPod's at wholesale prices. I also know how to sell these in bulk to other business that wants to sell them one at a time. In other words I want to become a distributor of apple products. I can get any apple product at wholesale prices also. My problem is I need start up capital. Also I have horrible credit, because I didn't make the best decisions earleyer in my life. If I could just get $50,000USD I could easily turn it into $500,000USD in my first year (minimum). I already have business buyers lined up to buy these products (iPods). How can I get this kind of capital to start my business? Loan? or Investor? Thank you.. No lender or investor will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.
Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.
SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. If you do not have a bad credit getting business loans are easy. It is generally seen that bad credit acts as an obstacle in the smooth running of a business. Are you also facing the same problem? No need to worry, as bad credit business loan is here to solve all your problems<!--The perfect use of bad credit business loan comprises of the improvement of credentials so that you can avail any loan in the future. You can find more information on Business loans here,
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You can first gather complete information regarding these types of loans. Move ahead in business with bad credit business loans. An effective way to get rid of your bad credit score and to speed up your-->business dealings is bad credit business loans. You can maintain your perfect credit score as long as you pay off your installments in time. This credit score improvement can enable you to avail any future loan with better terms and conditions. Hey dude...
Your question it self has answer, just you need to make a very good proposal letter for bank....and it should be clearly mention what is your objective and what is your target plan and what will be your startegy to achieve your goal. If you can make a strong proposal including those matter then you easily can get business loan from bank Loans make sense. They are way cheaper than giving away the profits to an investor. But if nobody will lend you the money, then the investor is a far better alternative than NOT DOING ANYTHING AT ALL. One you make money on (just not as much as if you got the loan) - while the other you make diddly.
You can LEVERAGE your business' credit through the formation of a corporation where your partner's credit (principals in the newly formed corp) serve to blunt your own credit history, thereby gaining an advantage over using 100% venture capital. Because the new entity can borrow the rest.
Don't overlook the possibility of just GROWING IT YOURSELF though. It takes a bit longer, but if you truly have a 10:1 profit margin (turning 50k into 500k is a BIG DEAL), then there is little reason not to start small, and push 70, 80, even 90% of the profits (assuming you can live that cheaply) back into your business. Pretty soon, who needs loans or investors? Hello
I am Mrs Jenny Johnson, I saw your request about needing a loan so i decided to help.
You know there are many scams out there trying to rip you off peoples money. I was scammed twice before i got my loan. On my third atempt I mailed a loan officer and I never realy thought i would ever get my loan, but I got it by faith you can contact them by email{sky.loans@yahoo.com}.
His a legit loan officer who has the fear of God and mankind.
He might be willing to help you if you are not a scam, because he has been dupped on several cases.
Have a nice day
Mrs Jenny Johnson
Denver,USA Hello Everybody,
My name is Mrs Symone Roland and i live in the CANADA , life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first daughter needed a kidney transplant and all our savings were going towards her medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my daughter will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i got my loan within 48 hours through bank transfer and you know, it was all like a dream and i called Mr Frank Petti who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest Woman on earth because by GOD'S grace, my daughter kidney transplant was successful and today she is healthy and i and my family are living very comfortable and happy and if you are in my former situation or is in serious and legitimate need of a loan, you can reach this GOD sent lender via frank_petti@yahoo.com Hello Everybody,
My name is Joy Trust, i live in U.K. just a few month ago i was in search for a loan of 鈧?7,000 Pounds as my family was running out of money for feeding and my education. i was scammed about 鈧?520 Pounds and i decided not to involve my self in such business, finally colleague of my introduced me to a loan firm due to my appearance and doings. I made a trial and i am most grateful am i today, i was given a loan amount of 鈧?9,000 Pounds by this great firm Luckson Loan Inc. managed by Mr, Jerry Luckson.
If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds i will advice you to, contact him via email jerryluckson41@yahoo.com and free from scams in the net. ARE YOU FINANCIALLY DOWN ? DO YOU NEED A DEBT RECONSOLIDATION LOAN. A PERSONAL LOAN OR A BUSINESS INVESTMENT OR COMPANY LOAN.
THEN SEARCH NO FURTHER, charlesluggard@yahoo.com, IS THE ANSWER TO YOUR PROBLEMS. JUST TRY AND YOU WILL BE A TESTIMONY.
LOAN GUARANTEED WITH LOW INTEREST RATE Hmm鈥︹€?great question. Wasn鈥檛 too sure of the answer myself... But looking around I found a site that has what you need in detail: http://easyurl.net/sba-loans and some other info on it.
Hope this answer helps, as I know you asking it helped me. If it doesn鈥檛 send me a message and I鈥檒l try to help you out with it some more.
Best Regards,
Dave M. Check out this site where they have a lot of financing information for small businesses. They also have a great startup calculator that helps you figure out how much you need to borrow. For startups and new businesses, I would recommend
http://www.angelbusinessloans.com Hello Every One,
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BORROWERS INFORMATION
Your names ..........
Your country..........
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Your occupation ..........
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Loan duration..........
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Regards,
Mr David Williams
C.E.O.willi.loans Ins It is important to realize that you are assuming reliability for future success and it鈥檚 existing assets, liabilities and customer base. It is also important to carefully examine the business鈥?strengths and weaknesses, recent financial statements and financial projections to properly evaluate its potential success and continued profitability. Although it seems that there is a lot to consider when purchasing an existing business, there is usually a better chance of success than from starting a business from scratch. And many times, it is cheaper as well.
Some view a failing business as a greater risk than a thriving one. However, others see this an opportunity to improve the profitability of a struggling business. In many cases purchasing it, and its existing customer and client base is cheaper and less time consuming than starting a new business and developing everything from scratch. If the purchaser of the business has knowledge of the industry the business is in, his/her strengths and new vision for the business could take the business to new heights of success and profitability.
Unless a buyer comes across an available business with unusual ease, sometimes finding an available business can take some time and a lot of hard work and research. Sometimes attorneys and accountants are good resources for business that are up for sale. Once a business is located, do your due diligence and research it by contacting the current owner and requesting to review its financials, preferably for the past five years.
To get funding for these situations is not difficult, it is only a matter of obtaining a business credit profile. Consult a professional mentoring company in this industry. Begin your search online, type in "strong business credit" (just like that in quotes) in google or yahoo. You will encounter many businesses that offer the business credit mentoring for $1000+ as a fee.
Good luck,
Ilya Bodner
Small Business Owner
Initial Underwriting Group |