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16 Replies Last post: Nov 24, 2008 1:16 PM by motherfunder

Working capital needed

Oct 20, 2008 1:39 AM

Click to view rambon's profile Start-up rambon 3 posts since
Oct 15, 2008
I own a startup franchise[< 1 year in operation] and need working capital. Can anyone direct me to a funding source?

Thx
Report as inappropriate
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
1. Re: Working capital needed Oct 20, 2008 7:37 AM
Working capital needed, Welcome

Who are you?? Where are you?? What kind of franchise??

Have you developed a Business Plan??

How much Working Capital?? and for How Long??
Click to view Fortis's profile Mogul Fortis 239 posts since
Jul 24, 2008
2. Re: Working capital needed Oct 20, 2008 10:33 AM
Hi rambon,

Email me a bit more about your franchise and the type of funds your seeking.

Thanks

Collin
Fortis Capital
cobringer@gofortis.com
Click to view rambon's profile Start-up rambon 3 posts since
Oct 15, 2008
3. Re: Working capital needed Oct 20, 2008 11:15 AM
in response to: LUCKIEST
Hi my name is Tiger. Below is my business description:

CLOSET TAILORS SERVING UPPER TAMPA BAY

Franchise Offers Homeowners a Sneak Peak at Solutions for Closets, Pantries, Laundry Rooms, Garages, Home offices and Mudrooms


TAMPA, FL - Closet Tailors, part of the Home Franchise Concepts family of companies that includes Budget Blinds, offers service in the Upper Tampa Bay Area.


"For many people having a place for everything and everything in its place is a dream," said Tiger Newkirt, owner and operator of Closet Tailors of Upper Tampa Bay. "Closet Tailors offers storage solutions for closets, pantries, garages, laundry rooms, home offices and mudrooms."


As households and lifestyles evolve, so do the storage needs. Whether members are being added to a household or leaving to create homes of their own, there needs to be appropriate places for stuff.


"Our specialists come directly to customers' homes to discuss the needs of the home," said Newkirt. "We then measure the space, and create a computer image for the homeowners to see and agree to before they buy. Finally, we professionally install the products when they arrive.


"The consumer never needs to guess if they bought the right box of shelves, haul the product home from the warehouse, be concerned about taking proper measurements or even installing the product. We handle it all!"

*ABOUT CLOSET TAILORS of UPPER TAMPA BAY *

Closet Tailors of Upper Tampa Bay began operation in January 2008 and is owned and operated by Tampa resident, Tiger Newkirt. The company proudly serves homeowners and businesses throughout Upper Tampa Bay[Pinellas & Hillsborough counties] offering complimentary in-home estimates and consultations, computer design, professional measuring and installation of quality storage solutions for closets, pantries, garages, home offices and mudrooms. For more information on Closet Tailors of Tampa Bay please call 813-404-8858 or visit www.closettailors.com/tampabay.

I have a business plan that you can review at your leisure. I'm searching for 25k in working capital.

Click to view GrowthCurve's profile Mogul GrowthCurve 152 posts since
Jan 25, 2008
4. Re: Working capital needed Oct 20, 2008 11:23 AM
in response to: rambon
I don't think you need working capital in the traditional sense. Working capital is, at least in my definition, the permanent (or semi-permament) part of long-term capital that is really used to fund the core level of short-term assets, usually accounts receivable and perhaps inventory.

What you're looking for is someone to fund your operating losses. Heck of a difference.

What do you need the money for, specifically, and how do you propose to repay it?
Click to view rambon's profile Start-up rambon 3 posts since
Oct 15, 2008
5. Re: Working capital needed Oct 20, 2008 11:40 AM
in response to: GrowthCurve
You are correct; i'm looking for operations capital for next years budget[2500/month]. I'd prefer to repay in installments like a business loan scenario.
Click to view Tony3143's profile Mogul Tony3143 36 posts since
Sep 15, 2008
6. Re: Working capital needed Oct 20, 2008 12:01 PM

Tony Keith. 877-700-7947 ext 1232
Up to 250K per location.
Click to view ContactMe4Cas's profile Mogul ContactMe4Cas 10 posts since
Oct 28, 2008
7. Re: Working capital needed Oct 28, 2008 11:40 AM
I saw your posting and wanted to reach out to you ASAP.

I would like to talk with you at your earliest convenience, I think I have an option that help you out and have funds within 10 business days, usurally less.

I look forward to speaking with you soon.

Regards,
Lynn Miller

My personal cell # is 207-450-5360. Report as inappropriate
Click to view GrowthCurve's profile Mogul GrowthCurve 152 posts since
Jan 25, 2008
8. Re: Working capital needed Oct 28, 2008 11:42 AM
in response to: ContactMe4Cas
I think when you're cutting and pasting responses like you are, you may want to leave out the "Report as Inappropriate" text -- no?
Click to view babsseaza's profile Mogul babsseaza 7 posts since
Oct 28, 2008
9. Re: Working capital needed Oct 28, 2008 11:38 PM

you can contact me on alfajergroups@gmail.com if you realy need an investment or a business partner,we are a family business investors,hope to hear from you soon
Click to view WarrenD's profile Mogul WarrenD 117 posts since
Jun 12, 2008
10. Re: Working capital needed Oct 29, 2008 11:16 AM
in response to: babsseaza
Babs,
I e-mailed you the other day. How are you doing the Sheikh of Dubai? At least that's what you told me Monday in an E-mail.
Warren
Click to view oneprocessor's profile Mogul oneprocessor 10 posts since
Oct 21, 2008
11. Re: Working capital needed Oct 29, 2008 11:42 AM
I may have a program that will be for you!
contact me at your convenience

RIGO VARGAS
28371 DAVIS PARKWAY SUITE 103
WARRENVILLE, IL 60555
CONTACT PHONE DIRECT LINE
630-812-4071
TOLL FREE 1 888 333 5450 EXT 471
EMAIL Rvargas@FDISwindycity.com
Click to view WarrenD's profile Mogul WarrenD 117 posts since
Jun 12, 2008
12. Re: Working capital needed Oct 29, 2008 12:11 PM
in response to: oneprocessor
One P,

Who are you responding too.
Thanks Warren
Click to view oneprocessor's profile Mogul oneprocessor 10 posts since
Oct 21, 2008
13. Re: Working capital needed Oct 29, 2008 12:29 PM
in response to: WarrenD
Hi Warren, thanks for asking.
the reply intended for rambom!
Click to view oneprocessor's profile Mogul oneprocessor 10 posts since
Oct 21, 2008
14. Re: Working capital needed Oct 29, 2008 12:45 PM
for rambon

Cash Flow products
Merchant Cash Advance
Need money for expansion, renovations, advertising or emergencies? We may be able to help you get the money you need through one of our partnerships!
Benefits of the program
Approval in as little as 24 hours.
No up-front fees or closing costs.
Easy payback process - no fixed payments.
Fast funding.
Builds business credit.
No collaterial or financials required!
Requirements for Qualification and Approval
You are a restaurant, retail or services business that's been in business for at least 1 year. You are in good standing with the landlord of your space, and have at least one year remaining on your lease.

You accept credit cards as a form of payment, and can provide current processing statements for the past six months that show at least $4,000 of transactions per month. Bank statements for the past six months are required only for large funding requests.

You have acceptable personal and business credit.

You don't have any open tax liens, judgments or bankruptcies.
How much funding can I qualify for?

The amount is based upon your total sales volume and your past business history, not your personal credit. Our partner will fund up to $300,000.

contact me
Rigo Vargas 630 812 4071
rvargas@gmail.com
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