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James Williams posted a new Financing A Business thread on 9/22/2008

Credit Crunch

Is anyone currently having a tough time raising cash given the state of the current economy? Can people share their experiences to help out the group here?
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Maryann Salt Responded on 10/9/2008


I think that no banks will issue credit right now; especially, if you do not have an existing relationship with them. Any projects having to do with real estate or development, are difficult to obtain financing in this market. I have found ways to raise capital but the Catch22 is that I don't have money to start. If you're interested in knowing more, you can email me and I can go into more detail.
Unless you have collateral, banking relationship, or cash, it is impossible to acquire credit right now.
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Charles Dumas Responded on 10/14/2008


quickcapitalonline.com can help healthy cash flowing businesses
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Peter Goldberg Responded on 10/14/2008


My company, http://www.b2bfinancialsolutions.com, has the ability to unlock the working capital trapped in your Accounts Receivables. Instead of borrowing money or giving up equity you can leverage what you have already earned. Please feel contact me to see if factoring makes sense for your business.
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Lawrence Stone Responded on 10/16/2008


Everyone is having difficulty finding funding right now. I speak with a number of individuals on a daily basis and everyone is having problems finding money to fund their ventures. If anyone knows where I might find funding/angel investors in the very near future, please let me know. Would be willing to pay a finders fee.
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Joe Burns Responded on 10/21/2008


The funding is still out there. If you have a sound business plan with an experienced startup team your startup can still find funding. The team is extremely critical in todays market.
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Gilbert Stouvenot Responded on 10/21/2008


Larrysshy, contact Pablo Bonjour at SouthCost Investment Phone:
832.495.4717 use my name, Gilbert in Vegas
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Paul Trachtman Responded on 10/28/2008


We at Merchant's Capital, provide alternative solutions.

www.mcn.bz or call me at 877-427-9361.

Paul Trachtman
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