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Where to find startup financing to by a small business

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539

Jul 4, 2017
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Velocity Business Brokers
Lucas County, OH

Mr. Griner,

Start-up financing is generally the hardest financing to obtain. If you are looking to buy an existing small business, you have an advantage in that it would not be start-up financing but acquisition financing. I have 18 years experience in commercial banking and while acquisition financing is easier (since there is already a track record of the existing business), it is still a challenge. The important metrics are 1) the business characteristics: the historical cash flow, the industry, location, management team and employees, market position, competition, etc. and 2) your personal credit profile since you will serve as a personal guarantor on the bank financing. The amount of cash you have available to put down on the business will be considered as well.

You should start speaking to the banks in your area. Ask for a meeting with their small business lender and discuss your plans and objectives. You will probably want to talk to one large and/or regional bank and one small community bank (or even a credit union). If you have any issues qualifying for bank financing you should investigate SBA supported loans (you would discuss this with the bankers during your meetings). If you want an easier/friendlier route you can consider friends/family as an option.

Aug 2, 2011

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