Sure Ways to Raise Money Today

by Tyler G. Hicks

Raising money for business or real estate is a lot easier if you use the sure and proven ways approved by all lenders, namely:

  • Supply a short business plan with your loan application or venture capital proposal--typed!
  • Tell, in your business plan, how the money will be used and exactly how it will be repaid, if you're looking for a loan, or expected investor profits for venture capital you're trying to raise for a business.
  • Use rounded numbers for the loan or venture capital needed. Ask for a $100,000 loan instead of $99,800. Seek $1-million in venture capital, not $980,000!
  • Never submit a hand-written loan application--it won't get you a loan or venture capital today.
  • Dress well if you apply in person. Dress-down casual doesn't cut it with lenders today. Wear a suit and tie--ladies should leave their slacks at home.
  • Focus on the lender's or venture capitalist's interests-- a lender wants to be repaid in FULL and ON TIME! A venture capitalist wants to see his/her money grow fast!

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