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Is there really a place, that can really help you start a buisness, that is not a preditory lender?

2006-07-01 17:18:56 · 2 answers · asked by CB 2 in Business & Finance Small Business

if sba is good, can u really find a private investor, where do you look?

2006-07-01 17:23:17 · update #1

2 answers

SBA and SCORE can help with lending. Stick with reputable, national lenders.

2006-07-01 17:19:58 · answer #1 · answered by Anonymous · 0 0

John DeLoren had an idea for a car. It was a really good car (featured in the Back to the Future movies). Ireland had a development program and built his factory and trained his people. Unfortunately, he didn't have a good sales and distribution system and insufficient capital for long-term success. The Canadian Bricklin was also taking market share for the fringer buyer of such unique vehicles. But places like Ireland were able to float a good, well-thought out plan. If you can show a good plan then there are people who will buy. Preditors are out there, for sure, but what do you expect with merely an idea and no capital--they want to protect their investment and the moment you appear to be endangering it, they will snatch it from you, and rightly so. That isn't predatory, that is protecting their interests.

2006-07-02 00:27:07 · answer #2 · answered by Rabbit 7 · 0 0

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