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15 Replies Last post: Nov 10, 2008 6:00 PM by intechspecial

Seeking angel investor/funding for startup auto sales

Sep 9, 2008 7:14 PM

Click to view basinc's profile Professional basinc 5 posts since
Sep 9, 2008
Seeking angel investor/funding for 1-2 years for new Auto Sales Company. 150k-300k required for working capital and inventory. Have an approx 90 day delay on dividends that was going to be used for working capital inventory. Will pay 2% interest per month (24% annual) for minimum one year.
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Click to view HarmikBurbank's profile Mogul HarmikBurbank 17 posts since
Sep 2, 2008
1. Re: Seeking angel investor/funding for startup auto sales Sep 9, 2008 10:11 PM
in response to: basinc

Hi Basinc

Good luck with your Funding's, do you have your business plan ready for proposal ?

good luck
Mick
www.legalcpu.com
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
2. Re: Seeking angel investor/funding for startup auto sales Sep 9, 2008 8:57 PM
in response to: basinc
funding for startup auto sales, Welcome

Where do I send the check?? Who are you?? Where are you??

Do you have email?? address?? phone number??

Have you developed a Business and marketing Plan I can read??

LUCKIEST
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Click to view Fortis's profile Mogul Fortis 239 posts since
Jul 24, 2008
3. Re: Seeking angel investor/funding for startup auto sales Sep 10, 2008 10:58 AM
in response to: basinc
basinc,

Good afternoon, hope all is well. Have you spoken to anyone about an SBA loan? Sounds like the type of financing your seeking. Does the business require any equipment?
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Click to view basinc's profile Professional basinc 5 posts since
Sep 9, 2008
4. Re: Seeking angel investor/funding for startup auto sales Sep 10, 2008 3:48 PM
in response to: HarmikBurbank
Thanks, yes we do. Btw we are in Orlando, FL.
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Click to view basinc's profile Professional basinc 5 posts since
Sep 9, 2008
5. Re: Seeking angel investor/funding for startup auto sales Sep 10, 2008 3:52 PM
in response to: Fortis
No we have not, credit is a challenge also. We will primarily need equipment for the repair shop but we are going to hold off on that segmentt of the business at this time until we are up an running. We are just going to start off small but cheaper cars for sale and export (which requires 100% deposit to buy the vehicle).
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Click to view basinc's profile Professional basinc 5 posts since
Sep 9, 2008
6. Re: Seeking angel investor/funding for startup auto sales Sep 10, 2008 3:57 PM
in response to: LUCKIEST
No we have not, credit is a challenge also. We will primarily need
equipment for the repair shop but we are going to hold off on that
segment of the business at this time until we are up an running. We
are just going to start off small but cheaper cars for sale and export
(which requires 100% deposit to buy the vehicle).

Btw we are in Orlando, FL

Yes we have a developed business plan
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Click to view rh1000's profile Authority rh1000 12 posts since
Sep 12, 2008
7. Re: Seeking angel investor/funding for startup auto sales Sep 12, 2008 4:08 AM
in response to: basinc
I no a source that can help you.
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