Hello shoesshoes,
Have you considered a business line of credit?
Generally, I recommend acquiring business lines of credit over utilizing business investors. Investors tend to have opinions that differ than what you specifically want to do and since they are giving you money upfront, you tend to have to do go with their suggestions. Also, an investor may take longer to pay off and be rid of them once the business starts to do well.
With a line of credit, there are no investors to deal with (certainly none to split profits with), it is just a matter of paying the loan balance. Furthermore, since it is a line of credit, you repay the amount you use, not necessarily the amount you borrow (obviously, terms & rates depend on credit worthiness). If you are interested, I may be able to help you acquire the financing you need.
I am based in NY/CT area, however, the company I represent is based in Florida. The company name is Developments of the New World & you may also visit the website at www.dvnw.com for further details. We acquire funding in amounts ranging from $25k - $1M and we can usually close within 1 - 3 weeks.
As mentioned, for faster results, you will need a FICO score of 700 or above. To ensure that your credit is not affected by further inquires, I recommend that you access your credit file yourself & submit that to us. The reason being is that usually, self-inquires do not adversely affect your credit standing whereas, if we were to pull up your credit file, it may drop a few points.
If you have a copy of your credit profile, along with a copy of your ID, contact me so that I can get the process started. Just so that you know upfront, this is a brokerage service. We charge up to 15% of the total amount of funds you receive once funding has been approved.
Please review the materials attached and contact with any questions. I may be reached directly at 914-325-2868.
Best regards,
Brian Allen
