Find us elsewhere
Join Now Member Login

Need Funding , But not the way you might think of funding

 
New Topic
Post Reply
Follow Topic
« Prev Page of 2
  • Author
  • Message
 
CraigL

posts: 9051

Dec 30, 2007 3:38 PM ET    Quote  Report Abuse
Points: 0   Vote
I don`t think anyone is going to offer funds to anyone unless there`s some sort of collateral, or there`s a probable likelihood of getting those funds back. Right now, it`s a bit difficult to understand how you`re offering business logic and reasoning as to how those monies would be returned. If a line of credit isn`t going to do it, then maybe you`ll have to have a financial partner. Either way, it`s looking to me as though you`ll need a pretty solid business plan and presentation---and I`m not all that knowledegable. RobertJ has the professional background to comment.
Menoz

posts: 10

Dec 30, 2007 4:27 PM ET    Quote  Report Abuse
Points: 0   Vote
1)  I don`t get commissions on the sale
2) The broker doesn`t actually own the property (unless they are broke to themselves)
3) I am the seller
4) Since I am not a Broker, In order to "broker" a deal I would need a Broker (unless I could sell direct - Would require some changes on my contracts - working on it ) 


Menoz

posts: 10

Dec 30, 2007 4:41 PM ET    Quote  Report Abuse
Points: 0   Vote
CraigL,

You know , You may not realize it, but your response just inspired a possible solution

- I`ll offer it as a joint venture
- they`ll put up the collateral
- all returns will be deposited into the collateral account
- ideally the account grows until the gains are equal to the initial deposit (collateral investment)
- at which point the investor can stay in or take a 50% cut of the gains and cash out.

since the money is being used for collateral  in lieu of credit, limits to the amount and frequency can be set to minimize potential loss if business shows signs of poor performance. The length of the partnership could even be predetermined by the minimum time necessary to establish credit worthiness and extended if both parties agree.
   
Does that sound the least bit rational at face value?


Menoz12/30/2007 4:44 PM
robertj

posts: 1458

Dec 31, 2007 5:26 PM ET    Quote  Report Abuse
Points: 0   Vote
Menoz,
 
I can`t make a real valued judgement with the limited info you have given, but it sounds like you are on the "right" track.
 
There are some details to be addressed and you`ll probably need to have some type of documentation (business plan) to show to potential investors.
 
Have a Happy and Prosperous New Year


-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


chrom10

posts: 12

Jan 02, 2008 12:27 PM ET    Quote  Report Abuse
Points: 0   Vote
Hi Menoz,
 
I might have a solution to your problem.  I actually do work with private lenders that offer the amount that your looking for even if your credit score is low.  They will provide you with the working capital that you need to get your business up and running.   Since they are private lenders they are able to work with your situation to get you the money that you need and the repayment term that you are comfortable with.  Please email me at jamie@jrcapgroup.com if you have any further questions.  You can also visit my website at www.jrcapgroup.com and check out the medical working captital to get an idea of what I can offer you.  Your repayment term will defer since your not looking to start-up a medical clinic but this site will give you an idea of what I can offer you.
 
Have a nice day,
Jamie


-------------------------

Jamie Liu
President
J&R Capital Group
Meeting all the financial needs for start-ups & established Businesses.
www.jrcapgroup.com
« Prev Page of 2
Post Reply
 
.
Advertisement

Keep the Community Clean!

  • StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
  • Please do not use the Forums for advertising & blatant self-promotion.
  • Please be respectful to other members and refrain from personal attacks and vulgar language.
  • StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.
Read full terms of use
Advertisement
Advertisement
Advertisement
Advertisement