I have been raising capitals for my small business however I still need to raise more capitals for my startup cost is there anyway ways methods or website that can help me find investors who might be interested in investing in my business purposal. So far I have eaten lunch with a few small time investors I a really want to arrange more appointments with investors. How do I go about do it?
2006-11-29 11:14:58 · 3 answers · asked by rudy t 1 in Business & Finance ➔ Small Business
You should search for "angel investors" in your area. http://www.inc.com/articles/2001/09/23461.html is a link to the directory of angel investors compiled by Inc Magazine. These are usually wealthy individuals or small groups who provide capital for start-ups or expanding small businesses. These investors will typically ask for an equity stake in the business, although their investment may be structured as a "convertible loan" (meaning you are obligated to repay the loan unless the investors choose to convert the loan into a pre-determined amount of equity in your business). I disagree with the previous answer which suggested looking for information from the SBA since the lenders who participate in SBA programs are not likely to work with start-up companies. Good luck !
2006-11-29 11:35:54 · answer #1 · answered by atg 1 · 0⤊ 0⤋
Check out the Small Business Administration (SBA). They will direct you to Lenders. Search the website, it will be an excellent tool for your new business.
I wish you the best!
2006-11-29 11:21:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hope this shall help me as well. Thumbs up to this community!
2015-08-23 20:17:34 · answer #3 · answered by Prince ibra 1 · 0⤊ 0⤋