Can anyone advise me on the best way to raise £303-305k?
I know it is a lot of money to ask from any investor, and so I would like to know what an investor would expect from me in return for such an investment?
Can anyone advise me on the best way to raise £303-305k?
I know it is a lot of money to ask from any investor, and so I would like to know what an investor would expect from me in return for such an investment?
jon, you don't need to use the i word. in your probable context, the i word is the equivalent of the tooth fairy
to answer your question: you need an over all financing package of 300k, with first tranche of x due at a time y and the balance due at a time z
nb: what the x, y and z are is very important
there are many available instruments and tactics available for you to structure this package
the exact bundle of the instruments you will be using depends on what you're buying (i.e. if you need 300k for a house, there are instruments called mortgages, in the same way that if you need 300k to finance product development, there are other available instruments).
what do you need the money for?
if you can answer that, I can proceed to cover your options.
if you cannnot answer, you will receive feedback which is not much better than irrelevant drivel
Last edited by akula; 11-13-2006 at 05:26 AM.
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I concur with Akula (BTW. great advice on the online auction thread from the guy from Australia).
You really need to be more specific about your requirements before anything construcive can be achieved.
i.e. £300k is not be a lot of money if you've found a cure for AIDS, or if you have an outstanding, IP protected product and an magnificent management team to implement your superlative business plan.
You might find that £300k is too much, that you're probably best finding ways to boot-strap your venture; or that you can partner to reduce the risks/costs.
Whatever the answer, you really need to post the right question.
Sam
Last edited by Sam Barona; 11-14-2006 at 12:23 AM.
Good advice Akula... I swear i keep following you two around this place... I would have to ask the same questions... what for? It's also important to keep in mind, you're the one asking for help so you shouldn't be too greedy on the information.
If it's a house you can also look into hard money loans, private money, ect. Also, you have business loans, credit cards... but those aren't the best ways to go about getting 300k... and you'll need a great product and or a stellar business plan...
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