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Double ii's Services will help you find you ways to raise cash for your business. What is your business
situation? We have various private funding resources who will look into your business funding needs.
We are a direct representative, and as such we'll discuss the situation with you.
No fee for the evaluation. Call 888-414-4260, or
email your phone number to us and we'll get you the paperwork
items that need to be filled out for proper evaluation. See the options below if
they meet your needs. To get a representative to call, to tell you about one of our
programs, fill out the secure online referral application. We will need your Business Plan, your Executive Summary, a Power Point Presentation, if you have one, and your proposal for the service you are requesting. Financing Options for Your Business Do you envision starting a business, but cannot figure out how to finance it? Do you need to work in order to make ends meet, and it's impossible to quit working in order to pursue your dreams of being self-employed? Are you already in business for yourself, but need more cash to to keep it going? There are options you can look into, that may help. There are places to look for money - some may work for your situation, some may not. Maybe none will work - and you will have to put your dreams on hold for awhile. Your business dream may not be a reality - the timing or the product may be wrong. Read further to see if some possibility may open up for you. We've seen many types of business funding applications come in - many are incomplete "dreams" that have no real basis, and are poorly written up and put together. We've seen a lot of types of applications - the ones that were looked at by our funders were the ones that included a PowerPoint presentation, a complete business plan, a full 3-10 year financial break-down and projection. If you are going to start your business, you need all this same information. There are, of course, the obvious ways to come up with money, and there are ways you perhaps haven't yet thought of - these include the following. Take out a loan - personal loan, line of credit, refinance your home. Taking out a loan is an involved process - you will need to show the ability to pay a loan back. If you are looking for a business loan, you will need to show a full business plan and show market research that proves a need for your business offering. Putting together a PowerPoint presentation is a good idea. If you refinance your home, you don't need to produce a business plan, and you don't have to admit what the funds are for in any detail. You may or may not get approved, however, so you may be back to square one.
Need a line of credit up to $10,000?
Use your credit cards. This isn't a recommended resource, but people do it all the time. Your business might not bring in money immediately, and this makes it hard to pay back the credit debt - this is never a good idea unless there is full assurance of a good return on your investment. The bad thing is - you won't know until after you go this route, and perhaps ring up quite a large amount of debt. Find out more about using credit. Cash in your assets. If you truly value these assets, don't use them for funding your business - chances are you'll never get them back. Cashing in assets can be done in several ways - you can go to a pawn shop, you can hold a garage sale, you can sell on eBay or other type of auction. You can run classified ads, you can go to a store or broker which deals with your type of asset. Assets can include things like: property, things in your home, jewelry, antiques, inheritance, a car, your home, stocks, bonds, land, inheritance, or whatever else you might want to let go of, that someone else might want. Solicit friends or family to help - they might give you a chance if you can prove this dream will pay off. Don't ruin your relationships with family or friends over this - it's a tricky place to go, and can ruin relationships. Think this over very carefully before you approach them. You might consider moving to a smaller home - you can sell your home and purchase something smaller for less - but check with your tax accountant to see how this will affect your tax situation. It might not help you to go this route - you need to know the ramifications of this move before you ever decide on it. Find the right realtor for you. If you are involved in a lawsuit, or are waiting for an insurance settlement, you may be able to get an advance on this type of asset. You can often get funded very quickly, within a week, if your case qualifies. If you get an advance, you can also afford to wait for a full settlement, rather than be pressured into accepting a lesser amount. You can use the advance to fund your business. Attorney Line of Credit or Loan - we know it's tough to keep paying staff and overhead while waiting for your lawsuits to settle and pay. Easy, fast process. If you have a note (carrying a loan for someone and getting payments), or have won a lottery, or have an annuity or structured settlement - and this vehicle is paying you in installments - you can sell all or a portion of these payments in order to get needed cash now. Sell your notes, or get cash for your lottery, etc. Cash for annuities and structured settlements There are private funders who are willing to lend money for business start-ups or for businesses already established. These funders will need a full business plan, and you must show that your business has the potential and definite ability to pay back the loan. This can turn into quite an involved venture. Fill out our secure business funding application. You may also contact the Small Business Bureau and apply for a small business loan. There are several granted every year - you can try to get one for your business. Find out more from the government pages in the phone book. If you want to keep inventory costs down, you can lease the equipment you need for the business. You will have to look for the right type of equipment leasing company for your type business - most are looking for high volume leases - not just a few pieces of equipment. Check around office stores for your needs - perhaps you can get by with used equipment, or using equipment at the shops - run copies at the store, rather than purchasing a copier, for example. Equipment leasing may be what you need, to free up cash for your business. If you are running a business and have receipts but not the cash coming in, you can get funding for your receivables and free up the cash flow - sell them and get paid at a discount, but might be better than letting them sit for a long time, doing nothing. There are certainly other creative ways to fund a business. You will have to see what your business needs are, and what types of assets you have - then figure out what scenario works best for you. We can try to help you bounce some ideas around - fill out our secure business funding application and we'll try to figure something out with you.
American Express ® Business Card from The Small
Business Network. Fee free for the first year.
Business finance options for established businesses. For your personal financing options, see Funding Solutions. |
Double ii's Services
(303)220-5679 or (888)414-4260
P.O. Box 631746, Highlands Ranch, CO 80163
Email
URL: http://www.doubleii.com/businessfinance.html
About Us - we are NOT
part of the "cash flow industry" program.