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Read This.. Investors Needed!!

 
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leespizzahouse

posts: 35

Mar 14, 2007 2:55 PM ET    Quote  Report Abuse
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I was quit surprise to see so many responses to this blog with limited information. I am also in need of capital for my business start up and figure whats the worst that could happen if I post my request on here. So here is my invitation to all potential investors out there.
 
I have just been turned down by a bank (not aggressively willing to lend to restaurants) for not having enought collateral for a SBA 7a loan. I am still working with a few other companies to get my funding but in the mean time, I guess I`ll try to raise the capital myself. I am in need of one or two investors to provide 75k for my start up pizza restaurant. I will personally garuantee the loan.
 
I do have a business plan, excellent credit (720), own my own home (little equity, bought it last year), and I am investing my own 75K into this business. I am 25 years old, with 5 years working as a manager in a Pizza restaurant. I do have my Master degree and my wife and I are both teachers. I am willing to give you 10% return on your investment. I will be making monthly payments to you monthly or quarterly, which ever one you prefer. We can have this agreement/contract drawn up by my attorney or yours.
 
Again, I`ll personally garuantee this loan. Please email me some information and maybe we can work something out. If you have experiences doing this type of investment before, even better! Email me at LeesPizzaHouse@aol.com
 
Post your opinion/response.....let me know what you experts out there thing. I really like this forum.... excellent information.
 
Thanks!
 
Lee
 
Innovator7

posts: 302

Mar 15, 2007 8:58 AM ET    Quote  Report Abuse
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While pizza is in higher demand than other types of restaurants, it`s still a tough business.

But at least one can enjoy one`s own preparation when business is slow.

I know of a local restaurant in a nearby strip mall across the street from a state university.  It`s an ethnic restaurant.  They barely have any customer.  There`re many things that go against the owner`s business, including his origin.  If I mention its name you`ll understand: Sahara.

I`d rather have a pizza than a dish of couscous in Sahara!  Now you know what I meant earlier.


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leespizzahouse

posts: 35

Mar 15, 2007 9:45 AM ET    Quote  Report Abuse
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Okay.... thanks for the info i guess. Still need investors!! 
leespizzahouse

posts: 35

Mar 17, 2007 2:43 AM ET    Quote  Report Abuse
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Anyone familiar with Prosper?
pagejames

posts: 31

Mar 17, 2007 2:17 PM ET    Quote  Report Abuse
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I`m sure you`ve heard of angel investors?  Just google "angel investors, [your city]".  You could also click on the link in my signature below and check out an alternate form of raising capital.

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Raise Capital in 90 Days Online Learn How This Works Bedzzz Inn, Inc Raised $92,867 with this system!
REM506

posts: 2

Mar 22, 2007 1:23 PM ET    Quote  Report Abuse
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Where are you located?

rvdebby

posts: 107

Mar 22, 2007 1:29 PM ET    Quote  Report Abuse
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prosper.com is people to people lending. It has been  featured on 60 minutes. With your offer, I bet you get funded. Good luck!



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"If you`ve got a frog to swallow, don`t look at it too long. And if you`ve got more than one to swallow, swallow the biggest one first"--Danny Cox
leespizzahouse

posts: 35

Mar 22, 2007 10:05 PM ET    Quote  Report Abuse
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yes I am currently a member of Prosper, but the problem is the limit on it is only 25k. I just got good word from a broker that my (3rd) SBA loan is probably going to go throught. I`ll have to wait a few days to see what the bank say.

I am also working with a company to establish corporate credit. We`ll see how that goes also. I really like prosper`s idea. Why pay the bank when we can pay each other. Better return on money and we benefit from our support of one another.

leespizzahouse

posts: 35

Mar 22, 2007 10:06 PM ET    Quote  Report Abuse
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Where are you located?

Stockton, CA

pagejames

posts: 31

Mar 23, 2007 2:13 AM ET    Quote  Report Abuse
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Lee,

I saw that you are working with a company for corporate credit.  If you are interested, there is an article from another board that talks about how to establish corporate credit on your own.  It`s a very informative post.  I know you are already working with the company, but if you`re interested, I`ll try and find it and post it here.  Just let me know.

Good fortune,



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Raise Capital in 90 Days Online Learn How This Works Bedzzz Inn, Inc Raised $92,867 with this system!
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