Looking for capital to expand inventory

[netnick]

5 year old distribution business looking for capital of 100-250k to increase inventory to meet customer demand. proven business with continuous growth year after year. INC 500 company.

[Encrypted]

Care to name your company?

[Mega B]

For a 1st post coming to a forum like this asking for that amount of money and with no incentive for potential investers is not really business like is it.
You dont provide any further information like like repayment terms or what is in it for the invester.

So could you provide us with further details please.

[netnick]

Sure, ill release the company name info to any serious investors that contact us. From experience we only received tons of solicitations in the past so excuse me for not providing alot of info.

We can offer 18% return annually on a 24 month loan with no prepayment penalty. Inventory and assets can be used as collateral. We can offer a 12% return with a 3% prepayment penalty for the first 12 months as well.

I am open to opportunities in investments as partial ownership as well, but details on that will have to be determined in negotiation.

[Mega B]

@netnick thanks for expanding the information for your request for capital,that will make people alot happier and provide you with more of a chance of securing funds.

[David Morson]

I may be able to help you but you should at least give some information about yourself and regarding the repayment of capital.

[netnick]

I have been CEO of this company for 5 years, we built it from 400k in sales in 2005 to nearly 2.5M in 2008, with 2009 outlook looking to come in the same as 2008.

Repayment will be monthly payments made to the investor. If you need more info just PM me.

[Encrypted]

I have been CEO of this company for 5 years, we built it from 400k in sales in 2005 to nearly 2.5M in 2008, with 2009 outlook looking to come in the same as 2008.

Repayment will be monthly payments made to the investor. If you need more info just PM me.

If you have 2.5M in sales, surely the business is eligible to get a loan?

[netnick]

lol, ^^^^^^^^^^^^^^^^^^^^^^^

are there any lendors here that are not from nigeria?

[netnick]

If you have 2.5M in sales, surely the business is eligible to get a loan?

We tried a few banks, but they are looking for large A/R which we dont have since we are paid mostly up front.