It depends on your Net Worth. If you are asking for more than 1.5x your Net Worth, the answer is NO do not put the full amount.
I am no saying lie...but if you need 500k , I would break it up. Unless you have a lot of cash, there is not one lender that will bite off that much for a startup.
Does your new buisness have hard assets? Is it a franchise? Do you own the building, land? There are a few ways to approach your funding request.
Pick up the phone, stop the email. Tell the person you have to talk to them now, and tell them why they need to meet with you.
Mr. CEO we have this opportunity, and we can save you money, or save your staff time, or improve your bottom line through....and ask for the meeting...if he/she says "I will pass this on to ....", tell them great, I think it would be a great idea if .....was included as well in our meeting, will .... or .... work for you, and .... go for the close again.
Research www.creditboards.com .
There are a lot of companies that do not report to the D&B. I would advise you to buy the Credit Builder program, and you can submit your vendors. You have to make sure your vendors respond, and are rated.
It is worth every penny to get a paydex score, and it takes some work to get your profile up to date. I work with
I just think she is amazing, and she has gone the extra mile for my company, and my friends.
I will email her and tell her I have posted her information on this website.
You do not know me...but she has put up with me, and I know she can help you!