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		<title>Simple Funds</title>
		<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
		<description>Simple Funds</description>
		<lastBuildDate>Sat, 4 Jul 2009 19:24:58 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[First, I don`t consider this bus]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[First, I don`t consider this business to be "lax" we would just institute a different set of checks and balances than a credit check. There are LOTS of companies doing this same style of business with cars (timebuyer.com) and programs where they automatica[...]]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753757</guid>
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				<title><![CDATA[Yes, an investor or two would be]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Yes, an investor or two would be needed.&#160; But, you would have to have enough money on hand to provide maximan loan amounts to every one who signed up.&#160; In the above example for instance, you would need $250,000. plus around $50,000 in operating e[...]]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753756</guid>
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				<title><![CDATA[Where would you get the initial ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Where would you get the initial funds to handle the loan requests?&#160; For example, 25 people sign up at the same time and 20 took out a $10,000 loan.&#160; Where would the $200,000 dollars come from to cover these loans?&#160; Pl]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753755</guid>
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				<title><![CDATA[Don`t read to deeply into my pos]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Don`t read to deeply into my posts in terms of "emotion". It`s just text. :)
"I guess for these people they won`t think your terms are bad... "
These people? There are plenty of small business owners who are trying to get funding ]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753754</guid>
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				<title><![CDATA[Where would you get the initial ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Where would you get the initial funds to handle the loan requests?&#160; For example, 25 people sign up at the same time for a gold membership and&#160;4 took out a $10,000 loan.&#160; Where would the $40,000 dollars come from to cover these loans?&#160; P[...]]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753753</guid>
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				<title><![CDATA[Dude, why are you getting defens]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Dude, why are you getting defensive? You asked for a critique of the idea and I gave you ONE viewpoint, and you`re all out of sorts about it.&#160; Why the heck ask for a critique? If you have a $13,000 spending limit on a credit card w]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753752</guid>
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				<title><![CDATA[Borrowing $10,000 and paying bac]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Borrowing $10,000 and paying back $11,550 is bad? When I was going to borrow money for a mortgage I think the house loan was for $80,000 and I`d pay back almost three times that.
I don`t borrow much money or try for loans but I question:]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753751</guid>
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			<item>
				<title><![CDATA[Intriguing... I`m just looking a]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Intriguing... I`m just looking at your gold membership.
Gold Membership = $500&#160; fee
loan for  $10,000
+ 10% interest 
$50.00 setup fee
Sorry, but I have better rates on my CC with a $13K credit limit + ca]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753750</guid>
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				<title><![CDATA[So - as I sit here and think mor]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[So - as I sit here and think more about this I think of things like:
1) Should the site focus more on micro-loans? $100 - $500 and membership prices of $10-$50?
2) Would the entity have to be a non-for-profit and setup as a Credit]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753749</guid>
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				<title><![CDATA[Note: Please don`t slam this ide]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm</link>
				<description><![CDATA[Note: Please don`t slam this idea - but please critique it and tell me if I`m off my rocker. It`s just an idea. :)
The Issue: Small Business Owners have trouble finding funding.
The Solution: MySimpleFunds.com
When yo]]></description>
				<pubDate>Sat, 4 Jul 2009 19:24:58 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Simple-Funds.htm#753748</guid>
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