Investor needed fast

arizona31 · #1 Jan 21, 2008, 07:21 PM

i started a trucking company with a business partner. i need to buy him out and get a straight truck moving fast before i loose this account. my credit since my divorce is mid 558.
Not good enough for my bank. I checked with Angle Investors but they all want cash up front.
i don't have the cash so i am stuck. i have freight and contacts to for more freight but limited on funds.
What do i do.
is there any investors that can help and where do i find them asap.

thanks,
lonnie

arizona31 · Jan 21, 2008, 07:23 PM

Quote:

Originally Posted by arizona31

i started a trucking company with a business partner. i need to buy him out and get a straight truck moving fast before i loose this account. my credit since my divorce is mid 558.
Not good enough for my bank. I checked with Angle Investors but they all want cash up front.
i don't have the cash so i am stuck. i have freight and contacts to for more freight but limited on funds.
What do i do.
is there any investors that can help and where do i find them asap.

thanks,
lonnie

Where can a person find an Investor quickly?

JoeMora · Jan 24, 2008, 12:55 AM

You can try Social lending sites like ... Personal & Small Business Loans at Prosper.com - the P2P Lending Marketplace. - Prosper ... If you have decent credit and make a good case with all the financial details... you may be able to get a 3 year loan... which can be paid off early if you need.

GrantGopher · Jan 30, 2008, 02:51 PM

You may be able to do something called "accounts receivable factoring". There are companies who lend money based on the money people owe you. This isn't necessarily the best solution, but it could help you out.

You can read more about it here:
Accounts Receivable Factoring

mdiprete · Feb 11, 2008, 06:18 AM

Quote:

Originally Posted by arizona31

Where can a person find an Investor quickly?

Please call me regarding your project. I believe I have an investor that will be interested.

Sincerely,

Mark A. DiPrete
President
Mortgage Management Solutions LLC
401-942-3607



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