These aren't exactly business lines of credit but I recently came a cross a source for Venture Capital (VC) that will lend $100M or more. They want 30% of the equity. That's much better than many other venture capital sources. They can fund as quickly as three business days if you give them all the info they need up front.
As I stated, they only want 30% of the equity. So they aren't going to make a grab for control of your business. The fact is, they don't want to run your business. If they aren't confident in your teams ability to adequately run your business, they wont invest in it.
So, what you need:
1. A good product or service
2. A good market for that product or service
3. A good business plan
4. A good exit strategy
5. A good team
If you have all five of these, they will consider your application.
3 Comments
10/29/2008 10:56:18 am
So how do you get in contact with these find folks?
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10/29/2008 11:40:51 am
Just go to the Contact Me section and let me know what you are looking for.
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Ernie
11/14/2008 05:03:13 am
My envisioned "AbacaManila Pulp Mill Inc" would need only U$4-5 million. Would your funding Venture Capitalist still be interested?
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Jeff Miller
I have a degree in Economics and an MBA. I worked for a private money lender for 13 years and was a real estate investor for 4 years. Categories
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