Читать книгу How to Get a Business Loan for Commercial Real Estate - Charles Ph.D Barthelemy - Страница 7

Locating a reputable money source is a very important and vital piece to securing funding for your business.

So, let’s put all that we have learned, crawling, walking, and talking into the understanding stage: It’s now time to formulate sentences to where our funding source understands what we are asking for and why.

A)Banks The current bank that you have a relationship with may be one of your choices to submit your request for funding. You may attempt to build a relationship with other major banks such as: Wells Fargo, BB&T, Bank of America, Chase. These are just some of the major and larger banks that you may want to consider.

B)Private Sources Private money can be categorized in several ways. This can be a group of individuals that have a large some of money and are looking to invest in upcoming business. Groups that are willing to donate money to start up businesses, there are a number of websites that will tell you who these groups are (The websites will be listed in the appendix )

C)Friends and Family In some cases this will be your best source. Friends and Family are the easiest group of people to set up a meeting with, because they know you. Once you have established the meeting, it’s up to you to sell them on your project and why they should invest.

Research / Due-diligence

When choosing a reputable funding source you should always do a sufficient amount of research on that source. This can be through the internet, asking former employees that are associated with that source, asking the funding source for referrals of other customers that have obtained funding from their company.