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Re: Curious

countryboy — Fri, 18 Sep 2009 23:34:01 GMT

Geeeeeeeeeeeee money dose make the world go rounld.

Re: Curious

LUCKIEST — Tue, 15 Jul 2008 17:21:34 GMT

Iwrite, Can't tell you how many people come into SCORE for counseling expecting us to open a check book and write them a check. As you know SCORE can give great advice but has NO funds and no checkbook.
Again you are correct, don't really need to see their business plans or tax info, but it separates those that dream from those who really need help.

L

Re: Curious

Iwrite — Tue, 15 Jul 2008 16:34:02 GMT

No problem. I thought I was "bad cop!"

I really want people to get help but it feels like we have forgotten how to ask for help. I am not talking about begging or stripping people of their dignity. I am talking about the tone and selection of our words in the request. Both it works both ways. I wonder if people will talk this way to potential investors, how are they talking to customers and how long can they stay in business treating people like this?

I try to stay away from these posts because I don't have money to lend or invest, and folks aren't interested in anything other than money - advice and ideas will not help them. They have tried and done it all. Then money will always be the problem.

Luckiest, you don't need to see their business plans and tax information to see how their business is run or doing - listen to their words and how they talk to people they need help from.

Keep digging deep.

Re: Curious

LUCKIEST — Tue, 15 Jul 2008 15:42:40 GMT

Curious

Iwrite, We can make a great team. You good cop, Me bad cop or
I can dig deep (like a surgeon)and get info, until it hurts and you can sew them back up
with your style of journalism.
Thanks for the kind words, LUCKIEST

Re: Curious

Iwrite — Tue, 15 Jul 2008 15:13:05 GMT

If we all listen to what Luckiest just said we would realize that there are folks out here that are willing and able to help, but they are not going to help those who:

Do not have their stuff together
Haven't done all they can to get help other than money
Try to be secretive while requesting information from others
Want money but no advice or seem unwilling to listen
Have no business plan

It is one thing to ask for help, but it is another to be willing to accept it. Most investors are not going to give you money and not want to give you advice - so trying to dictate what the conversation is going to be about only shows an unwillingness to work with someone.

How do you think the people with the money made their money?

They ran successful businesses - you could come a way a lot richer if you would listen more.

People looking to invest are going to ask questions and want to know what you have tried? I think a lot of folks are missing opportunities because they aren't seeing what is in front of them. There are at least 3 people who invest that are on this site, but they aren't going to scream it. I AM NOT ONE OF THEM! LOL

Re: Curious

LUCKIEST — Tue, 15 Jul 2008 13:14:03 GMT

Curious, Welcome an yes good questions

Not only myself, but many others who post are all asking the same question
"My question is has anyone on here looking for a business loan/LOC actually used any of the
services that have been posted here. If so is it possible to list any positive or negative experiences."

As far as your second question, YES I do actual help. (Not all,) I pick and choose based on
their wants, their business, their locations and the chance of getting repaid.
I also look at their business plans and or tax returns
AND YES it is up to them to follow up with SCORE (which is also a FREE help)

LUCKIEST

Re: Curious

faroff — Tue, 15 Jul 2008 02:43:37 GMT

Again many company reps stating to call or email them,etc. There are several posts on here every day still
looking for business loans, preferably unsecured. You reps please give us more details. Do you just get
clients business credit cards?? Yes they're unsecured yet you have to pg them. Come on give us more.
I have impeccable personal credit yet local banks want everything secured. I have property,assets, but
honestly do not feel like pledging my hard earned properties. If there are actual unsecured generous loans
or lines of credit out there and not just credit cards, give us more details. And please not these companies
that for ridiculous fees will "build you business credit" by establishing tradelines from companies such as
Staples, Office Depot, and various gas companies, all for $2500.00 and even more!!! Please. Come on,are
there any brokers that can really work with a bank and get you an unsecured business line of credit???

Re: Curious

teachmath — Mon, 14 Jul 2008 13:58:55 GMT

I am a math teacher and I want to start a tutoring franchise through mathnasium. They have a very good system in place and I think it would be a great help to those students who need that additional help. It would cost around $250,000 to get it up and running for a couple of years to get it established. dtomus, does your company offer anything that could help get this off the ground and running? Do you work for two different companies? I noticed a different company name in the post than what is in your profile, just curious. Thanks.

Re: Curious

dtominus — Mon, 14 Jul 2008 13:15:28 GMT

What is your fico score, how much did your business gross the last two years, what type of business
are you in , what form of payments do you accept for your product/service.....

David Tominus
727-545-9530

Re: Curious

shadylady — Mon, 14 Jul 2008 12:28:31 GMT

Just joined yesterday, noticed the same thing....Searching for 120,000.00 loan/financing for purchase of a great business. Personal and Business numbers are all good. The business income is set to double, triple, etc. Only in business 2 years so SBA lenders won't touch it. I don't want to waste my timeapplying for loans with outrageous rates. Any input would be appreciated!

Thank you.