Hello everybody! I am regularly checking posted leads of the companies who are looking for financing simply because financing is a field of my expertise and my passion. It is very sad to see how many people are struggling to get money for their development businesses: to build new manufacturing plants, factories, hotels, etc.; on the other hand, I am happy to see these leads. Every time I see new postings I am thinking “one more solder in this life who will not give up their dreams no matter what financial attrition experience they have in this country.” You are boldly telling the whole world: “Against all odds I intend to win in this life. Anyone, help me, I need to move ahead with my business, with my goal, with my dream no matter what experts write in the news”.
Just out of compassion to help you I want you to think for a moment: Investors are investors because they were able to create a wealth for themselves, know value of every dollar, and know how to make them work to produce more wealth. They will not put their money into risky enterprises; they will not finance a person who does not prove himself to be intelligent, energetic, careful, knowledgeable, and capable. So when you are asking for help with financing, ask it in a businesslike manner; stipulate how much you need; how you intend to use this funds, what return you expect the investor to receive; what exactly you are determined to do to bring your business to a new level and reach a profitable outcome.
Many of you inquire about private placement programs through financed humanitarian projects knowing that this financing is non-recourse. There are wonderful programs used to stimulate economy, improve community, and help to create jobs. All these programs require initial capital. They can help to raise funds by leveraging your money. If you do not have freely available funds, you have nothing to leverage.
Does it mean that you do not have a chance to get financing you need? Certainly not. Start from analyzing what do you have- real estate, account receivables, equipment, hard assets… All that can be used as collateral. Sometimes, it takes a few preliminary steps before you can obtain the financing you need. For example, your encumbered asset has minimal equity available, use credit enhancement to increase your credit power then go to next level.
I wish that everyone of you achieve your goals. Do not just dream, ACT! Approach knowledgeable specialists, get advice, put minds together and be bold in everything you do. Sincerely, Irena
