Localfund.com - All about Fund and Investment
*Home>>>Startup Capital

I have a fantastic business idea. I need a large loan, but want a partner to handle that aspect. Where do I go


My idea involves purchasing some real estate in Nevada, near Las Vegas. I can't elaborate too much on my idea, because it is something I don't want too many others to know about at this time. I am considering a partner who has a lot of startup capital, or a partner who will assume the responsibility of getting a government business loan. I have thought of seeking a venture capitalist, or someone already well established in real estate who want to expand. Where can I go to find someone willing to start this business with me, other than traditional advertising (newspaper ads, radio, ect)?

You should probably look into some Angel Investors. Have them sign a non-disclosure agreement to protect your idea. If your idea seems valid to them they will ususally invest, it they don't like it, they won't. For a small business loan you'll need to put together a business plan, check out the SBA requirements, and make sure your business would qualify. You can also get help from SCORE (Service Corps of Retired Executives) usually for free. Then go to the Las Vegas Business Development website and see if your business idea would qualify for one of their many programs.

I'm not sure why you don't want to do it yourself. You have to realize that by saying you want someone else to front the liability or "responsibility for getting a government loan" it sounds like you are looking to run a scam where you get off scott free. So you may want to work on your wording so you don't drive people away.

Good Luck.. For resources check out:

http://www.sba.gov/services/financialass...
http://www.score.org/
http://www.gaebler.com/Nevada-angel-inve...
http://www.expand2nevada.com/

I don't know of any "Silent Partner" shops in that area.

sorry

Running away quickly because this stinks of a scam.....run .... run...run.

Tags
  Trust Investment   Stock Investment   startup Investments   Startup Capital   Sector Fund   Seed Money   Seed Capital   Return Investment
Related information
  • How to market my business?

    You should have brochures, business cards, and letter head to look professional. Go to a virtual office in a business park and have them answer your calls. They will take messages, forward your c...

  • What would be a good place to open a wine bar in the New England Area?

    For customer base.. Providence... by far....you have restaurants in Warwick close by and a major airport that would help with traffic as well...

    ...
  • What is needed to start a bookstore?

    Go to ...

  • If I am in a partnership can I collect unemployment from another job I am losing?

    If you lose your job and qualify for unemployment, having invested in a partnership should not prevent you from getting the benefits. You are not an employee of the partnership. However, if you are...

  • Employee or run me own company?

    My background is Business Admin., and I own a mortgage company. In business one of the most important factors to learn is risk assessment. Are the rewards greater than the possible loss? From y...

  • How can i get a small grant for setting up business. i am disabled,therefore i do not have much capital?

    It is hard to find grants to start a business -- for both disabled and those who are not. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant mo...

  • How much start up capital do i need to open a cafe in Cardiff?

    The only person ready to best answer that question is YOU..... Or you can canvas existing similair traders ? My advice would be to get equipment costs for everything you will need.....Costs o...

  • Start a bussiness without income yet?

    If you have not incorporated the business, then you can deduct those expenses on you schedule C and lower your Adjusted Gross Income, which will lower your taxable income from the W-2 Income. If y...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster