on getting some funding
Writing by wisteria on Tuesday, 18 of September, 2007 at 5:12 am
For the past year, I’ve been doing a lot of research about the website I’m planning to create. The concept was well thought of and, as of the moment, there is very little competition in the niche I selected. Unfortunately, according to my future partner, Nap, aside from part time programmers, we will also need a venture capitalist for the said project.
I was devastated. I do not have any rich friends or colleagues that qualify as venture capitalist. I asked another friend who’s into finance for advice. He recommended availing of Secured Loans. I was hesitant. I hate loans. It takes a long and tedious process plus interest. However I want to spend my money, I want to receive it quickly and with the minimum of fuss. But then, if it entails having to avail of a secured loan to be able to create and run my website, then so be it.
Being a first timer, I decided to do intensive research and compare loans online. After all, where money is involved, one can never be too careful. I was surprised to find out that there’s some sort of search engine for loans which allows you to search and compare 100’s of secured loan plans from 12 of the leading secured loan lenders in the United Kingdom. That is, you can use it to search for both secured and Unsecured loans. Pretty amazing stuff, eh? It saves you plenty of time with one easy search.
Thanks to the time-saver loan search engine, my choices have been immediately narrowed down to only three. I’ll be calling them up for more details. Afterwards, I’ll be meeting with Nap sometime this week for further discussion about this type of funding instead of searching for a venture capitalist. Hopefully, we’ll get to run our business soon.
Category: finance
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