How do you find a legitimate source, as a broker, for domestic and international commercial finance if the business is a shark tank with theives and frauds everywere. I have access to good projects, but everyone wants to charge upfront fees, etc. The dd boards s***, so what is a girl to do? There is good money in it, and any brokers out there know with my project and your source, a lot of money can be made, but where are the good brokers and the legit sources? Please advise. p.s. plz don't tell me about wachovia or GE...
2007-05-02 16:02:01 · 3 answers · asked by JessesGirl 1 in Business & Finance ➔ Investing
The thing is that there are a lot of investment opportunities out there that offer great returns for venture caps or other invetors so you have to compete to get the funds. There is risk involved in most projects so these guys have to hedge that by taking a huge chunk from the ones that work to cover the ones that don't.
Maybe you are just being quoted market rates for the proposals you put forward. Try demonstrating why your projects are low risk and high return and you will attract lower fees/rates I'm sure. If they are such bankers, why not go to your bank? If they say no then your business case needs to be stronger.
Good luck.
2007-05-02 16:21:30 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Check out angel investors in your area. You'll need a sound and well-written business proposition. You can negotiate a fair % ownership. Use an earnout clause if you can't agree on a figure. Get a good board or mentors to ensure you succeed. Quality of management is more important to investors that then quality of the project per se.
2007-05-04 15:08:31 · answer #2 · answered by Okker 2 · 0⤊ 0⤋
A. = no = they try to take 51% :-)
B & C .= yes, if you find them on the web.
Try looking for the real deal in the real world ...
2007-05-02 21:10:14 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋