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Business needs short term investor.? |
I own a furniture store and I need a short term (90 day) investor so I can obtain some furniture that is on a huge liquidation that would benefit my store. My question is where can I go to find an investor that makes quick decisions and will do this for only 90 days? Any help would be appreciated. Try your local bank for a short term loan. Loan sharks are also swimming nearby. The SBA has various types of small business loans. The Basic Loan Guaranty program is designed for those small businesses who will not get the loans from the lenders. These loans are disbursed by the commercial lenders with SBA acting as a guarantor. The Certified Development Company (CDC) Loan Program is ideal if you want to buy a property or machinery to expand or modernize your existing operations. This is a long-term loan with a fixed-rate of interest. You need to contribute 10% of the amount as equity. |
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