Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Unsecured Small Business Capital Loans

Q:Here's a very strange coincidence. If you go to the site that you are asking for "advice" on, and then go to domain name in your return email address, it's the same web page. Isn't that odd? Plus, the same web page has all kinds of other get rich quick schemes on it and no business address, phone number or other way to contact you other than an email address to yet another domain. Very peculiar indeed.

A:For the rest of you who might have been tempted to investigate this fabulous opportunity, be cautious of these kind of things. There are lots of people in this kind of business who are very good at pulling the wool over your eyes and looking very legitimate (and this ain't one of them). Having had some exposure to the world of business loans, I can tell you that there are companies that make money primarily through non-refundable "application fees." This is a very common scam. They will tell you about how they have these private investors who like to fund business loans at a premium interest rate. They might tell you that 90% of all their loans get approved or something like that. They might say their investors are Saudi sheiks or Hollywood superstars or the Sultan of Brunei or something else indicating they had more money than they know what to do with. Sounds plausible and most people who have already been turned down by every bank in town are more than willing to agree to 18% or 25% or whatever to get the cash. They get a check from you for a few hundred up to several thousand dollars or even more and then after a few weeks they'll just say the loan wasn't approved. The truth is, they just waited for your check to clear and there was 0% chance of you getting a loan to start with. However, legitimate lenders do charge application fees, so it might be hard to separate the frauds from the legitimate lenders. One thing you can do is check with your state department of banking and finance or whoever regulates lending in their state to see if they have had any complaints about the lender. But they might not have even heard of them and that doesn't mean they're clean, just that nobody has complained yet or it's one of many false identities (ring a bell?). There aren't tons of private investors out there aching to help out a small businessman even at ridiculously high interest rates. In fact, there aren't a lot of investors out there seeking to fund new businesses at all. About 90% of seed capital comes from two sources: your own funds, including savings, cashing in 401k's and maxing out credit cards; and second, loans from friends and family. The venture capitalists you hear so much about provide well below 1% of seed capital. SBA-guaranteed loans might be an alternative, but they're not that easy either. Most of the time you need good personal credit (you will have to personally guarantee the business loan), some assets that they could seize if you default and in most cases they want to see at least two years of cash flow or some other source of income (like a spouse's salary) that can show you will be able to support the debt service. Most startups don't meet those criteria, but if you think you might, there are dozens of banks and other legitimate lenders who would love to have your business and I wouldn't be shopping for funding from a lender who can't even afford his own legitimate Internet domain! If it's too good to be true, it's probably a rip off of one kind or another. One rule in lending money is you only lend money to people who don't really need it. If after reading this you still believe in Santa Claus, my advice would be not to pay an application fee that is more than $200-300 regardless of what the supposed lender says. On the other hand you could buy $200-$300 worth of lottery tickets and that would probably be even more likely to generate the cash you want.

Discuss It!

Ljubomir Sujeranovic said:

Dear Sir, first off all excuse me if I disturb you. I am Ljubomir Sujeranovic from Republic of Serbia and I work as a project manager in tourism. I have some investment ideas and I am looking for funding . I need a loan because I want to invest in secure field.Depends on your interest procent I will explain this thing to you. I need a loan but only on this conditions> * No any kind of fee in advance, * Ten years duration, * 3 years grace period, * 14 repayment instalments for whole loan period (after 3 year on every 6 months). If you can give loan on this conditions, OK in other case nothing. There is not risc at all. Please email me on projekatkladovo@gmail.com or call me on +381605888600.

Charles Dorsey said:

I have been looking for a loan for the past 4months until i was referred to a legitimate lender. Though it was not that easy to approve my loan. But I got my loan within a week, i only had to secure the loan as a non collateral loan and before i knew it, the loan was transferred to me. please friends, don't let any body deceive you and scam you for this is real. Contact Mr. Thomas at: expresslendingoptions@careceo.com. Just introduce yourself to him and how you got his contact, i believe he will help you.

swiss replica watches said:

best avoid the very tempting extremely low price offers omega replica watches.

Gounder said:

Sir, We arrange Following Bank Instruments Letter of Credit ( LC) From Various Banks in Singapore / HongKong / Europe /USA Used For Import / Export Business and Trade Finance . 90/180DAYS Bank Guarantee ( BG ) Fresh Cut Slightly Seasoned Seasoned Stand By Letter of Credit ( SBLC ) 90DAYS / 180/ 365DAYS,All relevant business information will be provided upon request.If you are interested contact us immediately by Email Mr Ronald Rajnesh Gounder Email:grounesh.advisory1@gmail.com

best laptop brands said:

Thanks for posting such good content

Aqib Mahmood said:

Dear Sir/Madam, "We offer certifiable and verifiable bank instruments via Swift Transmission from a genuine provider capable of taking up time bound transactions." Kindly contact for genuine inquiries and I can provide you with the needed information. Contact Through Email and Skype. Name: Aqib Mahmood Email address : maqib.instrument@gmail.com Skype IP: aqibmah Regards Aqib Mahmood BGs | SBLCs | LCs | DLCs | PBs | BANK DRAFT ET AL GENUINELY BEING LEASED AND SOLD AT LOW RATES.

online loans no credit check said:

Factor debt into all of your financial plans. Ongoing credit card use or safe payday loan online help will make today's costs more affordable, but the demand for payment may just create more trouble a few short weeks later. People who online loans no credit check to paycheck challenge with debt payments along with other mismanagement consequences.

Wayne Bertrand said:

BRIDGE POINT FINANCE - We are a direct mandates to providers of Bank Guarantee, SBLC, MT109, MT799, MT760, discounting and project funding. In addition, we have an excellent professional relationship with many banks, stock brokers, financial institutions and consultants all over the globe. We have a proven track record of Excellence, Speed and Reliability. Our providers are very reliable and we offer best rates. Accept our kindest regards as we move your business to the next level. We anticipate your interest. Email: bridgepointfinance@gmail.com, Skype: bridgepointfinance REGARDS Wayne Bertrand BROKERS ARE WELCOME AND 100% PROTECTED

Dimitrij Conradi said:

We are Providers of all types of BG and SBLC with the best workable procedures. Our BG/SBLC ranges from MT799, MT760,(Both two way confirmation), MT103/23, MT103 (Both can be one way confirmation and two way confirmation) in USD and EUROS. Issuing Bank ranges from Top world 25 banks with face value ranging from 1M EUROS/USD to 10B EUROS/USD BROKERS ARE WELCOME & 100% PROTECTED!!! Intermediaries/Consultants/Brokers are welcome to bring their clients and cases to our attention and in complete confidence we will work together for the benefits of all parties involve. Our BG/SBLC Financing can help you get your project funded, loan financing, please let me know if you are interested in any of our services, by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding. We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct. [via Contact Form Below] Regards Dimitrij Conradi Email: dimi.conradi1970@gmail.com conradi.dimitrij@bk.ru Skype: conradi.dimitrij@bk.ru

Justin Brown said:

Dear Sir/Ma ALLENBY fINANCIAL SERVICES-We are UK based direct mandate to providers of Fresh Cut Bank Guarantee (BG), MT109, MT799, MT760, Loans, Sale and Lease of Financial Instruments, discounting and Heavy/light project funding. We are one of the leading Financial Instrument providers with offices all over Europe and Asia. We have an excellent relationship with many top rated financial institutions, A Rated bank such as HSBC, Deutsche Bank AG Frankfurt and Barclays Bank. You are at liberty to engage our leased facilities into Trade Programs, Project Financing, Credit Line Enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), and Equipment Procurement Our providers are very reliable and we offer best workable procedure. We are also affiliated with lenders who specialize on funding against Financial Instruments, as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument. DESCRIPTION OF INSTRUMENTS: 1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A) 2. Total Face Value: 10M MIN to 50B MAX USD or Euro 3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25. 4. Age: One Year, One Day 5. Leasing Price: (5 +2 %) Purchase Price: (35 + 2%)` 6. Delivery by SWIFT. 7. Payment: MT103 Accept our kindest regards as we move your business to the next level. We anticipate your interest. BROKERS ARE WELCOME AND 100% PROTECTED Email: allenby.financeservices@consultant.com allenby.financialservices@outlook.com Skype: allenby.financialservices REGARDS Justin Brown

Henry Neville Moser said:

We are direct mandate to Certified Financial Instrument providers in United Kingdom. Our providers engage in Lease and Purchase of Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Loans and financial instruments issued from AAA Rated banks mainly HSBC London, Deutsche Bank AG Frankfurt and Barclays Bank. Our providers are very reliable, Ready, Willing and able to complete BG/SBLC between 10M-5B EURO/USD We will be glad to share our working procedures with you upon request to proceed towards establishing a successful business relationship. Feel free to contact below Email: heywoodfinanceltd@gmail.com Skype: heywoodfinanceltd Leasing Price: 4%+1% Buying Price: 32%+2% Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved. Regards, Henry Neville Moser HEYWOOD FINANCE LTD

Walsh Robert said:

We are authorized Financial consulting firm that work directly with A rated banks eg Lloyds Bank,Barclays Bank,hsbc bank etc We provide BG, SBLC, LC, LOAN and lots more for client all over the world. Equally,we are ready to work with Brokers and financial consultants/consulting firms in their respective countries. We are equally ready to pay commission to those Brokers and financial consultants/consulting firms. Awaiting a favourable response from you. Best regards WALSH SMITH, ROBERT email : info.iqfinanceplc@gmail.com skype: cpt_young1 Tel contact: +447031968934

Walsh Robert said:

We are authorized Financial consulting firm that work directly with A rated banks eg Lloyds Bank,Barclays Bank,HSBC bank etc We provide BG, SBLC, LC, LOAN and lots more for clients all over the world. We are equally ready to work with Brokers and financial consultants/consulting firms in their respective countries. Our procedures are most reasonable and safest as we operate a 100% financial risk free process which entails that the issuing and receiving bank continues the transaction immediately after DOA is countersigned We hope to establsih a long term business relationship with you even after this first trial Regards WALSH SMITH, ROBERT email : info.iqfinanceplc@gmail.com skype: cpt_young1 Tel contact: +447031968934

Raymond Dosion said:

We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease/sales, our bank instrument can be engage in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffeur driven offers. We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description. The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee/Standby Letter of Credit will be paid after the delivery of the MT760, Description OF INSTRUMENTS: 1. Instrument: Bank Guarantee (BG/SBLC) 2. Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD). 3. Issuing Bank: HSBC Bank London, Barclay's bank London,Credit Suisse and Deutsche Bank Frankfurt. 4. Age: One Year, One Month 5. Purchasing Price: 32% of face value plus 2% commission fees Leasing Price: 4% of Face Value plus 1% commission fees. 6. Delivery: Bank to Bank swift. 7. Payment: MT-103 or MT760 8. Hard Copy: Bonded Courier within 7 banking days. Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved. Contact : Mr. Raymond Doison Contact Email: crusaderbroker.bgassurance@gmail.com skype:crusaderbroker.bgassurance@gmail.com

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Inflation

Definition: This is the idea that things will cost more ten years from now than they do today.  When prices are rising, we call it inflation. TeenAnalyst Advice: Inflation is bad for investors because it eats...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com