Home: Message List - start-up funding needed

Re: start-up funding needed

biz2009 — Thu, 25 Jun 2009 22:51:59 GMT

hi, my capital.com. i uderstand what you are saying and i have reduced my cost. thank you for the advice.

Re: start-up funding needed

MyCapital.com — Sat, 13 Jun 2009 05:48:17 GMT

if you are starting an e-commerce, perhaps you can see you can reduce the cost. maybe you don't need up to $40,000. if you hire some people in India or E. Europe, the e-commerce production costs can be significantly reduced to 1/10 of what you originally planned.

Re: start-up funding needed

biz2009 — Wed, 10 Jun 2009 16:20:01 GMT

Thank you for your reply it has been very helpful. I have been looking into angel investor as well. Do you have any thoughts on those?

Re: start-up funding needed

BizSolutions — Mon, 08 Jun 2009 23:42:23 GMT

Hi

Please email me as I may have some solutions for you. Monique@accuratefinancial.info

Re: start-up funding needed

biz2009 — Mon, 08 Jun 2009 23:01:18 GMT

thank you creditbuilder. I will look into that.

Re: start-up funding needed

Creditbuilder — Mon, 08 Jun 2009 19:13:30 GMT

You might be a candidate for the grant... see businessformationgroup.com/grants

Re: start-up funding needed

biz2009 — Mon, 08 Jun 2009 17:06:54 GMT

so far my option are banks and the sba patriot express loan. any suggestions would be appreciated. thanks.

Re: start-up funding needed

phanio — Mon, 08 Jun 2009 17:45:55 GMT

There are a few options for you - some that depend on your credit and income (household income) and some that need to be matched to the purchase of the funds.

There are unsecured personal and business loans from non-bank lenders (thus no time in business requirements or other loops to jump through) that require good credit and incoem to service the monthly payments.

There are other non-bank lending sources that provide smaller amounts of unsecured capital usually between $25K to $50K - with less emphasis on credit and income.

If you are seeking equipment (any business equipment including office equipment) as part of your financing needs - then look for lenders that specialize in equipment loans.

When you do get to the point of a brick and mortar storefront - then seek out lenders that specailize in commercial mortgage loans. By finding a company that specializes - you will get easier approval, better rates and terms. Plus, most traditiaonl lenders will not work with start-ups or unprofitable businesses under two or three years in business. Lenders that specailize will work with you.

Business Money Today
www.BusinessMoneyToday.com

Re: start-up funding needed

biz2009 — Mon, 08 Jun 2009 16:09:59 GMT

hi, yes that is the exact start-up cost. I am a sole propertior located in kansas. I'm also a stay at home mom and my husband is in the military, currently deployed. I was also in the military but got out to be with my family and take care of my kids. I have worked for other employers but I've had no satisfaction so i decided to have a home-based business. I do have a completed b-plan. I have not applied to any bank because i'm still looking for other options like i mentioned but if you are serious and willing to assist please let me know. I see alot of business opportunity where i live and started out wanting a brick and mortar but with the high costs i knew banks wouldn't loan but i definitely look forward to getting the brick and mortar in the future. Where should i send the b-plan? anything else you need to know just let me know.

Thanks,
biz2009

Re: start-up funding needed

jim531 — Mon, 08 Jun 2009 13:25:04 GMT

Please view my profile and send me an email.