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1 Replies Last post: Jun 18, 2008 11:27 AM by LUCKIEST

Advice on international business loan

Jun 18, 2008 11:01 AM

Click to view Odions's profile Start-up Odions 1 posts since
Jun 12, 2008
Hi,

I'm looking for advice with regards to an international loan. I'm purchasing a business in the Caribbean and need to raise funds. I will personally invest 50% of my own funds in purchasing the business however I need an additional 50% (USD 250,000). Are there any banks/financial institutions/investors that will consider international loans. By the way I'm currently in South Africa, but obviously will be moving to handling the business in the caribbean. Thanks in advance.

Regards
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
1. Re: Advice on international business loan Jun 18, 2008 11:27 AM
Advice on international business loan, Welcome

The best advice that I can think of is to retain a Lawyer.

After that a Business Plan. The Bus Plan is one of the first items a bank or lender
will want to see. It serves you as a tool and will reaffirm the viability of your ideas.

How long will you need the funds for??

Good luck, LUCKIEST