ForumsFinancing Tips

Hello.

Is your two year requirement strictly enforced? I am looking for funds to expand an existing retail store and we've been in business for about 17 months. We are established, have employees, a three year lease and have grossed almost a quarter of a million dollars. Anything you think you can do to help?

Thank you
Lee

blperform@aol.com

Did you get my second e-mail with the info you needed?
Warren

Hi, you helped a guy I know in Rotary, TJ get $120k for his software
company, but he didn't have your contact info with him when we spoke
and suggested to reach you through here. I'm wondering if you can help
me.

Here's my situation: Been in business 2 years. Have 2 years tax returns
that show positive cash flow. DnB Paidex(?) of 68 (I'm told by a
friend/vendor who looked it up for me), YTD financials are okay, but they're not audited, and he said
you may need the last few months of bank statements (which show an
average balance of only $5,500 to $11,000 - and falling). Cash positive
between $5 and 10k per month (though we were around $25-35k earlier
this year. My personal fico is 680 (I know that's not that high).

So, a) would I be a candidate for what you do, b) what other info would
you need to help me, and c) how fast can I get working capital. I'm
very worried about making payroll in two weeks because receivables are
just taking longer to get in. I'd like to get $50-60k to pad me for
another quarter or two. I'm so tired of people promising to help me get
money and either not responding or offering up scams, ownership
takeovers, or real estate deals (which I don't have). And I DON'T have
any significant receivables to factor!!! Geo.

Are there restrictions on industries you can help? My bank is not
looking favorably on the travel industry, but we are still doing okay.
We just need bridge money to keep us moving.

Jen.
JSarles Travel

What options would you have for a business owner that needs 35k but has a 568 on there score? Any ideas?

Hi, I own a mortgage company that I opened in 1999, and we are now in need of working capital to primarily consolidate debt. I have many many credentials and accolades, as well as a great reputation in my area, but no one wants to lend to a mortgage company irregardless of their reputation and solidity in the area.

Would your business be able to fund MY type of business?

Todd:
I am interested in seeing what you have to offer. We've been in business since 1994 and are expanding our IT department. Just went through a huge expansion in the last two years with regard to adding videoconferencing suites to our company. We keep growing, but we need the funds to take us to the next level.
I can be reached at 414.651.3557 or rayreporter@aol.com

Brenda

Gulfcoast,
The morgage industry is risky, but with poor personal credit on top of that it makes it impossible. I am sorry I cannot help you out.

Todd