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Best way to raise $2,500?

I'm trying to raise $2,500 for a project I'm working on. I've already created an LLC and have Private Placement documentation in place. I need to know the best way of getting it out there. $2,500 isn't considered a substantial amount- not enough to attract a broker, and I can't go the family/friends route. I'm a college student with friends as broke as me, and I'm not close with my family. What would you recommend?

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Answers (5)
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go to prosper.com they may be what you need.

Nov 24, 2009
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Secured Financial Inc
President
NJ

What kind of project?

Nov 17, 2009
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Biz2Credit, LLC
Financial Advisor

Go to a microlender. If you enter your information on www.biz2credit.com, you'll be connected with loan options and microlenders that will be willing to financing your transaction if you meet their general criteria. It's a free process.

Nov 12, 2009
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CCS_Inc
Small Business Consultant
Shelby County, TN

You could look into CDFI's in your local community. These are non-profits organizations that use federal dollars to help low income individuals who cant qualify for traditional credit due to lack of credit or collateral. Many of these organizations offer start up microloans and grants to start small businesses or expand without a credit check or collateral. An example is one in New York www.projectenterprise.org I am looking to start one of these next year in my local area. You could also look into building corporate credit to obtain the $2.5k you are looking for. Remember, the economy is bad, but there are still ways to fund your project if you think creatively. Email me at CorporateCommercialServices@yahoo.com if you have any questions.

Oct 18, 2009
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How is you credit? Depending on how long you need the project and if your planning on getting a return back fast you could use credit card advancements. Your in college so you should have bunch of credit card offers rolling in, two should be sufficient but just make sure you take out enough to make the minimum payment for at least 6 months.
Do you have a part time job? You could also apply for a small personal loan. Just my .02

Oct 11, 2009

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