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Reply to $6,000-$10,000 Business Loan @10-15% Interest     
Old 05-03-2010, 11:38 AM   #1
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crons79 on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest $6,000-$10,000 Business Loan @10-15% Interest
I am an independent agent seeking a business loan for $6,000-$10,000 @10-15% interest for 6 months or less.

I have everything I need to get started and selling at a high volume upon being funded. I know where to get my leads, what product to offer, how to beat my competition, and have a 30 page business plan with two years of sales projections. I have 95% of everthing in place to be successful and can be up and running (making sales within a week). The only thing I am missing is what most new agents lack most and don't understand about this business which is you have to generate enough leads consistantly to talk to enough people to close enough sales.

I am looking for the start-up capital to be able to buy enough leads to triple the initial investment in less than 6 months and pay off the loan in full. I am 100% positive I can do this therefore I am talking with local angel investors, but also wanted to try posting on the forum in case someone wanted to make a good return on thier money that understands this business.

Please contact me with questions and thanks for your time.
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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 11:49 AM   #2
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moonlightandmargaritas on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
What kind of collateral are you prepared to offer an investor?
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Old 05-03-2010, 11:53 AM   #3
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Mark on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
You may want to share your 30 page business plan with who ever is going to loan you the money.

This business is not as simple as just get the money and buy the lead and triple your money..

------------------------------------
Mark Rosenthal aka markingriffin
IMO/Ins Agent/Agent Trainer/Free Advice
rosenthalfiles@aol.com www.rosenthalfiles.com
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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 12:55 PM   #4
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YouGotMyMoney on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
Originally Posted by Markingriffin View Post

This business is not as simple as just get the money and buy the lead and triple your money..

Mark, don't be sooooo negative man!

Stop that "Stinkin Thinkin"!

If you can imagine it, you can achieve it; if you can dream it, you can become it

lol


j/k




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Yeah * Yeah * Call Me Steve-O
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Old 05-03-2010, 01:14 PM   #5
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Mark on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
WHy not borrow more money ?? Dream big!
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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 01:16 PM   #6
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WinoBlues on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
His hopes and dreams Man. His hopes and dreams!
Originally Posted by moonlightandmargaritas View Post
What kind of collateral are you prepared to offer an investor?

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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 01:34 PM   #7
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moonlightandmargaritas on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
Originally Posted by YouGotMyMoney View Post
If you can imagine it, you can achieve it; if you can dream it, you can become it
If you can borrow it, you can lose it.

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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 01:43 PM   #8
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Mark on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
Reminds me of that tv show called "shark tank"

Most of the people really believe they have a good idea , even when it really sucks..
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Last edited by Mark; 05-03-2010 at 02:44 PM. Reason: fix the shows name
  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 01:43 PM   #9
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
In all honesty and for a real reply; you will not get serious replies without collateral, letting someone pull your credit and remitting the last 3 months of your bank statements. Aside from that it's a very high risk loan and 10% to 15% is laughable. More like 50% to start the bidding.
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  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
Old 05-03-2010, 01:49 PM   #10
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moonlightandmargaritas on $6,000-$10,000 Business Loan @10-15nterest - Insurance Forum
 
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$6,000-$10,000 Business Loan @10-15% Interest Re: $6,000-$10,000 Business Loan @10-15% Interest
Originally Posted by healthagent View Post
In all honesty and for a real reply; you will not get serious replies without collateral, letting someone pull your credit and remitting the last 3 months of your bank statements. Aside from that it's a very high risk loan and 10% to 15% is laughable. More like 50% to start the bidding.
50% could work - if he had some receivables or credit card batches to secure it!

Let's face it, if he/she can't qualify for a credit card for this puny amount, there must be credit issues...

15% for six months? Why bother? If I funded it, it would only be with some equity in the business included. That's how venture capital works!
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Last edited by moonlightandmargaritas; 05-03-2010 at 01:53 PM.
  Reply With Quote to $6,000-$10,000 Business Loan @10-15% Interest
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