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you should write a formal buisness plan, thats the first thing potential investors want to see,
so this means you got to do it yourself, or hire some help,
good luck !
Snowmiser, I second altyus. A formal buiness plan and cash flow projections will be required for any type of startup loan. It can be quite difficult to get startup financing in today's credit markets inless you have a portion of the startup funds to invest from personal resources. An SBA 7(a) loan may be an option. Typically, you will need inject 20-30% of the startup cost from your own funds to qualify for an SBA loan. You will also need to provide a fair amount of documentation when submitting an application. SBA Microloans may be an option if your capital requirements are less than $35k. Check out www.sba.gov for the program requirements.
If you have no money of your own to invest in your startup it will be extemely difficult to find investors or banks to finance 100% of your new business. You may have to pool multiple resources together including family, friends, and small investors who are willing to take on the risk with you. If you have good credit and some of your startup costs include equipment purchases then leasing may be an option. Equipment leases to startup companies are typically capped at $25k nowadays.
Thanks a lot for the feedback
Yeah, it is what i am thinking as well.
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Hello, I'm in Raleigh, NC. I want to start a videogame developer company with a bunch of my former colleagues. Where should I go to get investors interested in our company model? I have the concept of the project we would need the money for. I have a round figure of what I need to get started. I have the talented people standing by. I just need to learn how I get in touch with an investor and what angle I should work on when speaking with one so that I'm successful. Can anyone out there help?