This Question is Answered

1 "correct" answer available (5 pts) 3 "helpful" answers available (4 pts)
Post a new topic
4 Replies Last post: Feb 1, 2008 12:51 AM by Manna123

Need 15,000 start up ASAP Please Help

Jan 31, 2008 2:43 AM

Click to view Manna123's profile Start-up Manna123 2 posts since
Jan 31, 2008
We are opening a new restaurant, have invested over $40,000 and are in need of an additional $15,000. Banks do not like NEW business. Please help, advice, a check perhaps...

Thanks,
Report as inappropriate
Click to view LUCKIEST's profile SCORE LUCKIEST 7,938 posts since
Aug 6, 2007
1. Re: Need 15,000 start up ASAP Please Help Jan 31, 2008 7:16 AM
123, Please Help. O K Where do I mail the check and welcome to this web site.
Who are you??, Where is the restaurant located?? What kind of restaurant??
Do you have a Business and Marketing Plan?? How about Cash Flow.
Cash Flow will tell you when you will have enough profit or cash to pay me back.
LUCKIEST
Click to view consultann's profile Start-up consultann 1 posts since
Jan 31, 2008
2. Re: Need 15,000 start up ASAP Please Help Jan 31, 2008 7:40 AM
The SBA has a program. You can contact Innovative Bank they specialize in loans to small businesses even start up. They offer small loans as unsecured too. Rates are not so bad either for the services provided.
Click to view jobdiajan's profile Start-up jobdiajan 1 posts since
Jan 31, 2008
3. Re: Need 15,000 start up ASAP Please Help Jan 31, 2008 9:13 AM
You're in need of a business line of credit and or equipment leasing and you can go out and apply to serveral different banks, but if you do not know what to put on the application and how to best represent your company to the lending institutions you could spend so much time spinning wheels. You should contact Business Capital Connection who specializing in assisting people who own their own companies establish business credit instead of using their own credit to run a business (robbing Peter to pay Paul or pulling wquity out of your own home) and reapir personal credit. Forward and email to jobdiajan@aol.com
Click to view Manna123's profile Start-up Manna123 2 posts since
Jan 31, 2008
4. Re: Need 15,000 start up ASAP Please Help Feb 1, 2008 12:51 AM
I thank you guys. I have good news. I got the money!!!!!! at www.prosper.com. It took 1.5hrs to get fully funded. It's peer to peer lending and it's great. Check it out.

Thanks again