Ok Partner and I want to start a tourism floating project.
We went and did all the leg work/ research.
Costs-income-profit-where to put it- full business plan.... ETC.
Found the vessal we need. Great deal.
We may have put cart before horse. We even secured legal help.
Here's the issue; the legal help has assisted us to put deal together to be backed and supported by a casino. Hence profit now will certainly not be an issue.
We have 1/3 of the money to get started on this.
Problem is our Angel investor dropped out the day the deal was pretty much put together for 200K.
Our project will afford us to pay back the 200K by next sept without a doubt.
We really don't want an investor but rather a loan for 16 months.
Of course we don't want to but if we have to then absolutely we would agree to some parts of ownership maybe during loan term that might be agreeable.
Any advice please we look like morons now and really really want to complete what we started.