As the economy worsens it's getting more and more difficult to fund business ventures. After you've gone through the basics of a well written business plans and a private placement memorandum, where do you go from there? One issue that entrepreneurs come into is that they will get stuck on a link wheel that keeps them bouncing from one scam site to the next and they can waste months chasing after investment capital and at the end of the day have nothing but an empty bank account to show for it.
The latest and greatest scams are the omnipresent 'shelf corp.' or 'aged corp.' scam which claims to be able to get you hundreds of thousands of dollars of credit based off of a phony D and B rating and a credit score based off of bogus trade lines. This is an expensive scam, with most of these shelf corporations running anywhere from $8,000 to $20,000. The reality is, you can't get funding with a shelf corp. No one has or ever will get funding from this fraudulent concept. Another scam is the 'forgivable loan' program that is supposedly based in some offshore platform trading process where it allows a company to loan millions of dollars to an individual based off of the humanitarian aspects of their business model, oh, I forgot to mention, they usually require a mandatory cash deposit equal to 20% of the amount of the forgivable loan.
It sounds crazy but professionals that become desperate for funding fall into this trap all the time. The truth is, there are ways to get funding with a credit check using a private placement memorandum and there are companies out there that will make a loan to a company based mostly in the strength of their business process. Actually, if you have a good business model and a solid executive staff there are many companies that will give you money such as accredited investors, private investors, private equity firms, hard money lenders, SBLC collateralize lenders among others.
Just do some research under terms like: list of investors, list of private investors, list of hard money lenders, investor database, list of venture capital firms, private money lenders directory, investor list etc. and find some of the newer online databases that have come into existence within the past year or so. These sites are valuable because they came online when the economy was at it's lowest point so their funding sources are composed of innovative global contacts that are actually lending in this fickle economic environment and not the oblivious land of yesteryear.
The funding game has changed and the process of obtaining capital is more difficult than ever. Arm yourself with a good business plan, strategic PPM and a solid online investor database to raise capital quickly and easily. - 32383
The latest and greatest scams are the omnipresent 'shelf corp.' or 'aged corp.' scam which claims to be able to get you hundreds of thousands of dollars of credit based off of a phony D and B rating and a credit score based off of bogus trade lines. This is an expensive scam, with most of these shelf corporations running anywhere from $8,000 to $20,000. The reality is, you can't get funding with a shelf corp. No one has or ever will get funding from this fraudulent concept. Another scam is the 'forgivable loan' program that is supposedly based in some offshore platform trading process where it allows a company to loan millions of dollars to an individual based off of the humanitarian aspects of their business model, oh, I forgot to mention, they usually require a mandatory cash deposit equal to 20% of the amount of the forgivable loan.
It sounds crazy but professionals that become desperate for funding fall into this trap all the time. The truth is, there are ways to get funding with a credit check using a private placement memorandum and there are companies out there that will make a loan to a company based mostly in the strength of their business process. Actually, if you have a good business model and a solid executive staff there are many companies that will give you money such as accredited investors, private investors, private equity firms, hard money lenders, SBLC collateralize lenders among others.
Just do some research under terms like: list of investors, list of private investors, list of hard money lenders, investor database, list of venture capital firms, private money lenders directory, investor list etc. and find some of the newer online databases that have come into existence within the past year or so. These sites are valuable because they came online when the economy was at it's lowest point so their funding sources are composed of innovative global contacts that are actually lending in this fickle economic environment and not the oblivious land of yesteryear.
The funding game has changed and the process of obtaining capital is more difficult than ever. Arm yourself with a good business plan, strategic PPM and a solid online investor database to raise capital quickly and easily. - 32383
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