Home: Message List - In need of a loan

Re: In need of a loan

NoBullFunding — Mon, 08 Dec 2008 22:47:39 GMT

Its hard to say what your options are without knowing the details of your business or how much you need. If you are interested in going the loan route, I'd be happy to review and give you my opinion (free of charge). To make an an honest assessment I'd need a good amount of info, but its what a bank would ask for so it would be good to have all that info together anyway. Info would include 2006, 2007 and YTD financials; 2007 personal taxes; PFS; A/R and A/P schedules. Nobullfunding@gmail.com

Re: In need of a loan

LUCKIEST — Mon, 08 Dec 2008 12:52:56 GMT

In need of a loan, Welcome

Tell me more. Go to Members page and share some info.

How short term?? Do you have a Business Plan that I can read??

LUCKIEST

In need of a loan

dcm34205 — Sat, 06 Dec 2008 17:29:54 GMT

I co-own a small used car dealership and am looking for a short term loan to fund my recievables. In our first year and a half we have amassed roughly 300,000 in recievables and over 100,000 in inventory with just over a 100,000 initial investment. We have a small staff (2) and our own service department. We have yet to take a paycheck out of the business because we have a transportation business that is our primary source of income.

Basically we are at a point where we feel that we can experience tremendous growth but are qucikly out growing our cash. Any ideas??