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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

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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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

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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

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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?

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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.

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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?

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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

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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

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ForumsFinancing Tips

This Question is Answered

working capital

Sep 15, 2008 3:03 PM

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