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$1.2 million contract on the table. Need funding

    • 8 posts
    February 6, 2013 10:57 PM EST

     

    There are lots of options available for you but you need to take your time to consider all of them and choose the best one. Lots of finacial institutions intended to help small business offer business loans and different lending options. For example, you can turn to SBA Express where you can borrow up to $150,000 without filling typical SBA loan application. Also you can turn to a community banks and Small Business Investment Companies which provide long-term loans for small business owners. Also you can try to cover some expenses with a help of one hour payday loans but they are short-term financial products. Any case, you have what to choose from so try to make the right choice.

    • 1 posts
    October 7, 2012 9:42 AM EDT

    My S corporation has $1.9 million in the pipeline and needs funding to purchase equipment to service a $1.2 million contract we're negotiating. Im trying to raise 50k-100k and wiil take any investment of 2k and over. I am open to a Common and/or preferred stock buy in, BOD, ownership in the company. Contact me at cabeal1206@yahoo.com Thanks. 

    • 3 posts
    October 7, 2012 1:31 PM EDT

    How strong are your contracts?  If they are really strong - have you thought about PO financing.  Here, you can get up to 100% of the funding you need (to use how you want) to complete those projects.

    You might look at the website Business Money Today (www.businessmoneytoday.com) under their working capital section to see more about PO financing and what companes that are out there that can fund your contracts.

    Best

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    Unsecured Personal Loans

    • 926 posts
    February 7, 2013 2:53 AM EST

    chandler,

    Based upon the information you gave, there are should be several avenues open to you. From experience, I've determined that there are 3 keys to success in acquiring capital. The first is to select the right capital strategy for you and the business.

    Furthermore, your securities offer should be redesigned so the company remains in compliance. 

    If  you want to discuss your specific situation, feel free to drop me a PM or contact me directly.

     

     

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