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* * I am looking to raise about 15-20k to purchase an established vending route. I have 15-25k to put

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I am looking to raise about 15-20k to purchase an established 110k gross sales vending route. I have 15-25k to put down.

I am looking to buy a route with almost 100k gross sales. I have 32K to put in but am a little short. I am looking for 15-25k and am open to terms. Please let me know.

Thanks

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Answers (4)
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Do you have a 401k, or an Ira?

Feb 19, 2010
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OC Investment Group
Sr. Partner
Orange County, CA

I wouldn't go the SBA route as w/5% pts plus interest on a small loan of $20K. We would do it but its too small of a deal for us. Best way is www.prosper.com. A lot of people providing loans and great interest rates. Lending club.com is another. Good luck.

Feb 16, 2010
Jon Holmquist
Edgemaster Model 400 sharpener
President
Marion County, OR

Why get a loan when you can get a start-up business for $25k. If you like driving and meeting people you can get paid to do a very fun business, knife and garden tool sharpening. We have 9 'zees doing the business and you can talk to any or all of them to find if you would like it. Almost no inventory, no spoilage, no theft, no damage to your machines and on and on. Give a look to our web site and see if it fits your needs. Thanks and good luck, Jon at Edgemaster Mobile Sharpening.

Feb 15, 2010
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Biz2Credit LLC
New York County, NY

For a startup loan , I recommend going to www.biz2credit.com and completing a free financing request and getting matched with an SBA 7a lender. The system hosts a large network of SBA lenders that manage their general qualification criteria on the system. If you're not matched with an institution, the system will tell you what parameters you didn't meet and what you can do in the future to build your creditworthiness.

Hope this helps and good luck starting your business!
Web reference: www.Biz2Credit.com

Feb 15, 2010

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