16.
Re: Am i ever gonna get funded Nov 2, 2008 5:45 PM
Dear Myboys,
I have walked on those shoes before and I am sure I could say the same for many of us here. Times have really been tough and it has been a struggle. Luckily, prices of fuel have gone down dramatically and it helps saving that amount of money. Every penny we could save up adds up to survive. Last year, I had written a business plan for a residential senior care home. I did not know where to get the funding due to extremely bad credit history (I had 480 credit score) as I was really struggling to get by with the amount I was making.
Luckily, things change as I came upon Suze Orman's tv show and read her book. So I am able to manage my finances better, have investments and more importantly, getting my credit rating back in track. These past 2 years have been prosperous for me. I've paid out 3 credit cards. Also, I found a business partner who put faith into the project since the financial returns were attractive and at the same time we are helping our senior community. So far the business is in the licensing stage and we are almost there.
As any start up businesses, there will be challenges before opening and one of them was operating capital. So I turned to a peer to peer lending and though I did not get funding here due to my challenged credit history then, I would still recommend this to anyone as I have used this as additional income for me by lending money and at the same time helping others who were in a similar situation as me. Join a community and present your business plan. People will compete for you business just like ebay. You will be surprise with the results. This website has been recommended by the Money Magazine. You can also get a copy of this as they provide great money advices and rate great home-based businesses. I found one that I absolutely love and totally believe in and surprisingly it has been really good to my wallet.
Email me at bernz@bayabo.com for more information. I would be more than glad to help you in any way I can. I am so happy that I was given a 2nd chance at success and I just want to pay it forward.