Thanks everyone for the GREAT feedback!
A little more information about the venture:
The company has been around for 10 years now with a strong and experienced management team. In order to grow, and secure new and more profitable work; the company will need to secure funding in some way. From my research I am not sure if an Angel, Venture Capital, Investment Banking, or others.
From the articles/links provided in this post it seems that a VC or funding is interested in an experienced management team, in an industry with growth potential. But what type of funding would be needed for this situation?
Thanks so much!
I thought I would add my own personal experience. It may be an option you can try.
In the past, at one point, I once believed that great credit was all that
was needed too, when it comes to loans and lending money or assets of any
kind. My business was well established and need expanding. So, I began my search for the necessary funds. For those business` that believe having great credit is all you need to get additional funding, t
his is really not the case.
My experiences with banks and various lending institutions
taught me that the business’ bottom line is a fundamental issue considered by
today’s financial organizations as part of their loan approving process. They need to be assured that you make enough
money after your expenses to cover their loan payments.
Even though I had a great credit rating, I was still just
not making enough money to secure the type of loan I needed, especially when
these banks considered the amount I was requesting and saw that after I paid my
expenses, there was not much finance left.
However, I did come across an ideal resource, www.thesnaploan.com. This website seems to be millenniums ahead of
its time, when it comes to current lending practices. I was approved for a revolving line of credit
that I can pay off and use again if I so decided. I really love this option. This website is a good place to start if you
need an unsecured or secured loan, and you’ve been having difficulties