ForumsFinancing Tips

There may be sever options available to you. Obviously I would have to know more about your
financial picture, the business ,etc. There could be asset based lending available,sba, etc.

My contact info is avaialble on my profile. I'd like to discuss this with you.

Can you email me at chris.harper@wfginc.net or call 910-392-8740

Thanks.

How much money do you need?

do you have co investors already?

cory@prcloans.com

ok. email me.

cory@prcloans.com

Very hard to raise that amount of capital given no real estate or other assets (free and clear) of that amount or more. Further, in this economy, very hard to find investors who will put up that much money without wanting a large chuck of your business - putting you right back in the same situation you are in now or even taking over your operations.

I usually suggest that business owners seeking investors look locally - get out into your community attend networking events and talk to everyone. If you don't find someone who will invest - the people you talk to many know investors (best way to get in front of an investor is through one of their trusted gatekeepers).

However, for the amount you are seeking - I would suggest you start with SCORE (score.org) or a local small business development center (SBDC). They can help put together a solid PPM - outlining what you intend to provide for the investors funds. Once in place, then start a strong investor search with PPM in hand. Look for one or two investors who have experience in your industry. Thus, they can help you open doors as you expand into other areas - search out angel groups or individual angel investors.

Lastly, you can try to re-finance your current note with a SBA guaranteed loan - especailly since you have been there for a while and have had some success.

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