Home: Message List - Financing/Loan Options for 6 year old Corporation?

Re: Financing/Loan Options for 6 year old Corporation?

LUCKIEST — Wed, 16 Jul 2008 11:27:36 GMT

Financing/Loan Options for 6 year old Corporation??

Two suggestions. Contact SCORE. SCORE is FREE and can help both in person and online.
SCORE "Counselors to America's Small Business" is a nonprofit
association dedicated to educating
entrepreneurs and the formation,
growth and success of small business nationwide.
SCORE is a resource
partner with the U.S. Small Business Administration (SBA).

Two, Work on a Business Plan (and yes SCORE can help)

Good luck, LUCKIEST

Re: Financing/Loan Options for 6 year old Corporation?

bizzloans — Wed, 16 Jul 2008 07:08:23 GMT

We are a business consulting company in Fresno CA doing small business loans nationwide. Call me at 559-274-2884 or visit our website at www.primestarbusinessgroup.com for your financial needs. NO UP FRONT FEES. FREE CONSULTATION .

Financing/Loan Options for 6 year old Corporation?

azmico — Wed, 16 Jul 2008 05:58:39 GMT

I formed a deleware corporation 6 years ago, and had 2 foreign investors lined up for the venture. The unfortunate 9/11 incident forced them to reconsider investment option in aviation business and the company never took off. Since the name of the corporation was specific to aviation industry, we did not do any other business. However, we continued paying taxes, state franchise fee, have Fed Tax ID etc, and until today the corporation is in good standing with the state. However, ZERO revenue.
I do have a new business idea/business model, that I wish to apply in indpendent capacity (without backing from investors) using same corporation, but that would still require capital of 150-300K to make a decent start. I have not applied for financing yet and afraid that it would be rejected because no revenue history of the corporation. Any suggestions or ideas that can help me to benefit from corporation status and get financing? I do have business credit cards but very small credit limit only, which would not help me to give shape to the vision I have. Appreciate any guideline and suggestions.

In case you're interested...I am a U.S citizen from ONTARIO, California

Regards
Ricky