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10 Replies Last post: Feb 14, 2009 10:15 AM by amspcs

How do you get financing for a small business

Feb 11, 2009 10:11 AM

Click to view massagefever's profile Mogul massagefever 51 posts since
Feb 11, 2009
That only had a net income last year of $4000 (1st year massage therapy). My current location is hurting my business and I need financing to move to a different location. Is anyone going to give me financing of any sort?
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Click to view ilyab0dner's profile Mogul ilyab0dner 63 posts since
Aug 27, 2008
1. Re: How do you get financing for a small business Feb 11, 2009 10:50 AM
Your choices are personal credit or business credit. Obviously if you have good credit you can get a credit card or go to the bank with some collateral. If that is not an option, consider building business credit. This will allow you to build up a strong corporate image and you may be able to move and expand your business.

Try searching for "strong business credit" via google or yahoo, be prepared to spend up to $1200 if you go this route.


Sincerely,


Ilya Bodner
Small Business Owner
Initial Underwriting Group
www.initialunderwriting.org

Click to view massagefever's profile Mogul massagefever 51 posts since
Feb 11, 2009
2. Re: How do you get financing for a small business Feb 11, 2009 11:01 AM
in response to: ilyab0dner
I should have strong business credit if I have two credit cards and both are paid off and always have been on time right?
Click to view amspcs's profile Mogul amspcs 516 posts since
Oct 18, 2007
3. Re: How do you get financing for a small business Feb 11, 2009 12:37 PM
in response to: massagefever
If your business accepts credit cards, you probably qualify for an advance on your credit card receivables.
Not as cost effective as most bank loans, but those have all but become unavailable these days. And certainaly a lot more cost effective than a cash advance on a credit card. If interested, drop me a line and we'll discuss. Good luck.
AMSPCS
amspcs@juno.com
Click to view money4u's profile Mogul money4u 45 posts since
Feb 10, 2009
4. Re: How do you get financing for a small business Feb 11, 2009 3:29 PM
Sorry about that the email is dawnbergeron at hotmail.com. It's been a long day. (lol)
Click to view thriftyfund's profile Mogul thriftyfund 6 posts since
Jan 31, 2009
5. How to get financing for a small business Feb 11, 2009 10:32 PM
I know a group in the United Kingdom that can make certain concessions in order to provide you with funding fior your business. Contact them at +447024024812 or through thriftyfinanciers@live.com.
Click to view allof6's profile Start-up allof6 1 posts since
Jan 22, 2009
6. Re: How to get financing for a small business Feb 12, 2009 11:20 AM
in response to: thriftyfund
I tried the phone number to discuss your program opportunities but it said the number was invalid.
I apologize if you are legitimate, But I just thought people ought to know.

I went to the Thrifty Fund website and found this.

**Added 30/11/2008** It has come to our attention that there are people impersonating our site and offering loans. Please be aware we do not lend money at all and have no connection with these people. Their details are… Ronald Jason * Dr. Peter kenny (same name as me!)* Tel - 7024069286 email - Board@thrifty-scot.com Please be aware I do not know who these individuals are and could well be fraudsters Regards Peter Kenny
Click to view stillhope's profile Professional stillhope 6 posts since
Feb 11, 2009
7. Re: How do you get financing for a small business Feb 12, 2009 11:59 PM
Hi, I too am looking for financing for my retail bridal store and do not want to use my personal credit to run the business(only unless I have too). I went to the website IUG but I don't understand how they actually work. Is anyone familiar with them and there process?

I am looking for financing seriously and this site costs $75.00 dollars. I don't want to spend money and get no return. Due to the economy scams has taken a all time high.

I just want to be able to finance my business and take care of my family all while doing something I love.

So any advice on IUG would be nice. It almost sounds too good to be true and you know what they say when you think that.
Click to view BizSolutions's profile Mogul BizSolutions 63 posts since
Jan 11, 2009
8. Re: How do you get financing for a small business Feb 14, 2009 2:14 AM
in response to: stillhope
Hi

I maybe able to help you. Please email me for some solutions that I can offer.

Monique@accuratefinancial.info

Click to view neetu_17_garg's profile Start-up neetu_17_garg 1 posts since
Feb 14, 2009
9. Re: How do you get financing for a small business Feb 14, 2009 6:02 AM
hi,here are many organization that provides finance for small business at low interest so first of all you saw that
your business accepts credit cards, you probably qualify for an advance on your credit card receivables.
Not as cost effective as most bank loans, but those have all but become unavailable these days.

neetu

Car Loans-Car Loans
Click to view amspcs's profile Mogul amspcs 516 posts since
Oct 18, 2007
10. Re: How do you get financing for a small business Feb 14, 2009 10:15 AM
in response to: stillhope
$75 for what? NEVER pay up front for financial services. That's got scam written all over it.

Drop me a line, amspcs@juno.com. We may be able to identify some options.

Good luck.

AMSPCS
www.MerchantServices-help.com
amspcs@juno.com