My company is a startup company. However, it is a company with "BIG" profit and revenue. I need about $5,000,000 to make a purchase that will make up to $350,000,000. Yes, I said three hundred and fifty million in profit. Any investor or finance company would be really helpful. The problem I am coming into is that my ex has messed up my personal credit. I don't have time to rebuild my personal credit. Also trying to keep my personal credit and Business credit separate.
Can anyone Help?
Please?????
2007-02-24 12:20:01 · 6 answers · asked by Xxxx 2 in Business & Finance ➔ Other - Business & Finance
Ok, Let me clearify a few things. This is not a nigerian scam. I know the projections sound unrealistic, however, they are not. I have researched this business for the last 10 years and am now ready to go forward. I am from the US. I don't live in africa nor have I ever been there. The SBA won't do anything because this is not a small business opp. This will be big business making big money.
Moonman, if the people you know need a business plan for this, let me know. I have one completed. I also have a presentation for anyone who is interested in investing.
Thanks to all for your input so for!!!
2007-02-25 06:15:59 · update #1
One addition, Rabbi, The loan would be paid off with the profits made. The companies I work with are under contract to produce. So, they will be repaid. Hopefully very quickly!!!
2007-02-25 06:18:20 · update #2
It depends on what you need to purchase... You could consider an SBA loan possibly, but the max they will loan is 1,700,000. I may know some people who will be willing to invest depending on the project/ type of company. Overall, I think your projections are unrealistic, but I could be wrong as I do not know what your project is.
2007-02-24 12:24:24 · answer #1 · answered by moonman 6 · 1⤊ 1⤋
Sure. 350 million dollars profit.
Right here:
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Sounds like one of those Nigerian fraud schemes.
But glad to hear that your situation has turned around from 7 months ago:
YOU POSTED:
2007-02-24 20:24:26 · answer #2 · answered by Nina 5 · 0⤊ 1⤋
Try to ask the Small Business Administration. They have a lot of resources, and retired businesspeople who volunteer their time to ask these questions. Try going to www.sba.gov for answers.
2007-02-24 20:26:30 · answer #3 · answered by jimmyd 4 · 1⤊ 1⤋
If the investment should just happen to fail, although how could it, how can you repay the loan.
2007-02-24 20:24:33 · answer #4 · answered by The Rabbi 5 · 1⤊ 0⤋
Try going to your local bank.
2007-02-24 20:22:51 · answer #5 · answered by Twister 4 · 0⤊ 2⤋
umm ur bank, duhh
2007-02-24 20:24:44 · answer #6 · answered by Anonymous · 0⤊ 1⤋