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What is the best way to secure a quick loan (like this week) to fill our first (large) initial orders?

Hello, can anyone please give me advice on how to secure funding extremely quickly? I have a patent pending device that is a HUGE game-changer in my industry. I have several orders ranging from 50 to several hundred (and I haven't even made one yet!) We even have one of the largest car racing organizations in the world excited about it and willing to endorse us once we've gotten started and have a tangible product to sell. People are waving money ready to buy these, but we don't have enough initial capital to get the ball rolling. We want to get started right away, but we literally just formed the company after recently filing for the patent. We are willing to pay a good, reasonable, and quick return. How do I find such investors? Where can I go? Any advice please? I'm not asking for money here... I would just like to know how to go about finding it. Not enough time for kickstarter... we'd like to get going this next week so we can be first to market.

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Answers (4)
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The BAF Group LLC
MD

Factoring is the process of taking a loan that is secured by invoices. If your Clients are reputable, stable and with good credit themselves, a Factor is the best way to go, it would seem. We do not do that kind of work, but may know of one that is reported to be excellent, depending on your location. Contact me directly at combroker@bafgroup.com.

Jan 25, 2015
Michael Hoyle
Sun
Cuyahoga County, OH
Premium Broker

Contact me as I may be able to assist mhoyle@sunbeltnetwork.com

Jan 22, 2015
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What do you mean, Don Barrick? Thanks. If you mean a factory... we have a manufacturer... it's the money to start manufacturing that we don't have.

Jan 21, 2015
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The BAF Group LLC
MD

Why not just look for a factor?

Jan 21, 2015

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