Need angel investor or private investor

**soonie** · 08-14-2009 05:21 PM

Existing, profitable company.
Two Brick and mortar locations.
Need both growth and consolidation capitol.
We have several small investors (5K to 20K) that we are paying 24% interest only to. Some of these notes are 5 years old.
Because we are 6 years established and feel we are less of a risk, we want to find capitol at 15% APR to consolidate these loans as well as additional growth funding.
We are currently seeking 100K on a 5 year note. This would be a payment of $2378.99 per month.

**dragonrift** · 08-14-2009 05:47 PM

what type of business?

**soonie** · 08-14-2009 06:07 PM

The business is in short term lending. All current investors will act as references, confirming the company has never issued a late payment. The company is profitable and is seeking funding to both grow more rapidly than current profits allow and to increase cash flow by consolidating investors with higher interest rates.

The company will also consider smaller investors at the same rate and term to build up to the desired funding.

**dragonrift** · 08-14-2009 06:09 PM

Ah so your interested in actually providing venture capital to help businesses grow?

**soonie** · 08-14-2009 06:25 PM

No, we are looking for capitol for the growth of our own company which is in short term lending. The company lends very mall amounts (average loan is $250) for periods of a few weeks to a few months.

**EC44** · 08-16-2009 06:13 PM

So you are essential a payday loan company? IE. Scum and one of the biggest problems in the economy right now, feeding off those who can't make ends meet and are not smart enough and/or are desperate enough to actually accept a payday loan. Why don't you do something that benefits society?

**soonie** · 08-18-2009 11:23 AM

despite your uneducated views, we have many customers who can testify that they bennifit greatly from our payday loans. Do you really think that payday loans ruined the economy? Really? Research before you comment. Since the payday loan hit the market, bankruptcies actually declined until the housing market went through the roof on unrealistic mortgage loans. There is no study that indicates payday loans effect the economy in any way.
Do you realize that our mark-up is not unlike those of a Big Mac or beer at the local pub? This is how business works, you find a need and you fill it while making a profit.
Thank God the majority of the country believes in letting people make their own decisions and they are not left in the hands of people like you that would decide for them what is wrong and right or best or worst for them based on little to no research into the matter. How do you contribute to society? with left wing rants on forums? You'r probably the guy with a sign outside of Walmart. The guy that calls himself an entrepreneur but bashes Mr. Walton for being one too.

The bottom line is this is an industry that has customers, even durring a reccession. We are not going away, we are six years established and profitable. This makes for a very safe investment to anyone interested, which is why I posted originally.
If anyone is interested in making a safe & profitable return on their money, please feel free to contact me. I would love to further explain the industry and make some money together.

**finsolamerica** · 08-19-2009 08:22 AM

Originally Posted by soonie

Existing, profitable company.
Two Brick and mortar locations.
Need both growth and consolidation capitol.
We have several small investors (5K to 20K) that we are paying 24% interest only to. Some of these notes are 5 years old.
Because we are 6 years established and feel we are less of a risk, we want to find capitol at 15% APR to consolidate these loans as well as additional growth funding.
We are currently seeking 100K on a 5 year note. This would be a payment of $2378.99 per month.

Our company specializes in arranging working capital financing for emerging existing growth businesses. We specialize in the area of $50,000 to $500,000. Fast processing, minimal documentation, easy qualification standards, fast funding. Please call us at 561-245-4626 for an immediate evaluation.