When The Banks Turn You Down...
Alternative funding sources may step in. Of course, the quality of the deal and the sponsor are important, and being able to produce a compelling story in the form of a business plan can interest someone who has money to invest, is ready, willing and able to make the investment. Where to find these 'quiet' investors is the challenge. Developing a relationship with a private investor first can establish a ground work for bringing in deals.
I believe for every $1 in private money, 1000 projects want it. This means your deal must stand head and shoulders above the rest.
With this group, I hope a respectful, open conversation can occur with the right investors. Education is important, too.
Rather than just posting your company name as a resource for money, add to it by writing something that informs what deals turn you on, and what deals do not.
It is true that there is an ocean of private money that has been made available post-2008, in search of profitable investments.
Let's grow this into something useful for both private lenders AND Project Sponsors, not just another bulletin board for advertising your financial products.
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