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7 Replies Last post: Sep 16, 2008 5:35 PM by loan guy

working capital

Sep 15, 2008 3:03 PM

Click to view cindystevens's profile Professional cindystevens 1 posts since
Sep 2, 2008
Hello

I am a brand new company just starting up I am in need of working capitol but I don't have any business credit or supporting paper work for finacial documents because I am just starting up can you help

cindy
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
1. Re: working capital Sep 15, 2008 3:33 PM
Working capital, welcome Cindy

Tell me more. Why or how did you pick Wedding Planning?? Do you have a Business name??

How much working Capital do you need?? For How long??

What will you do with the money. Have you developed a Business and Marketing Plan??

Do you have a Federal I D Number??, LUCKIEST
Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
2. Re: working capital Sep 15, 2008 4:12 PM
Well I have also have been doing wedding planning only I just was not
getting paid for it I did family and friend wedding now I just
completing my training in event/wedding planning so I needed tp branch
out on my own now nee at least 5000 to get equipment a website and
office supplys no I don't have a tax ID number I am just using my SS

Cindy Stevens
Click to view Fortis's profile Mogul Fortis 239 posts since
Jul 24, 2008
3. Re: working capital Sep 15, 2008 9:56 PM
cindystevens,

Good afternoon, hope all is well. Tell us a bit more about what you need for the business. I realize you mentioned working capital and equipment. How much total financing are you seeking? What kind of equipment and total dollar amount?
Click to view LoanSource's profile Authority LoanSource 9 posts since
Sep 15, 2008
4. Re: working capital Sep 16, 2008 9:22 AM
Cindy,

If you do not qualify for financing through your company yet, you may want to consider borrowing the funds personally and lending it to your new venture. Check out www.firstagain.com for a personal loan at a rate much lower than a credit card. You can pay the loan back once you establish a track record worthy of some credit to your company alone.
Click to view GrowthCurve's profile Mogul GrowthCurve 152 posts since
Jan 25, 2008
5. Re: working capital Sep 16, 2008 9:38 AM
in response to: LUCKIEST
How did "Cindy's" reply manage to come from "Luckiest?"

That is very...strange.

Luckiest? Any idea?
Click to view loan guy's profile Mogul loan guy 116 posts since
Dec 20, 2007
6. Re: working capital Sep 16, 2008 5:34 PM
in response to: GrowthCurve
Growth curve,

left you a msg.

cory@walkerlender.com

Click to view loan guy's profile Mogul loan guy 116 posts since
Dec 20, 2007
7. Re: working capital Sep 16, 2008 5:35 PM
Cindy,

I do know of sources that can assist you with getting your business up and going with capital and equipment.

cory@walkerlender.com