Funding It is both frustrating and humiliating to be turned down for badly-needed funding from a financial institution, especially when in a predicament. To-day the lending of money by financial concerns has become really difficult as the banking houses have enforced strict criteria to cut down on reckless spending that was common practice in the past. The very reason for the present credit crisis. However, there are other options when one is not able to go the usual route of bank loans. For example, one could go the "Angel Funding" route. Angel funding is when a private wealthy investor invests capital in a young start up company, often made up in exchange for equity, or it could come in the form of an ordinary, straight forward loan. Many entrepreneurs turn to Angel funding as banks require security which the start up business often does not have. Boost Private Equity is one such company that would come on board and help inject capital once they are satisfied that a professional, viable business plan has been drawn up and a thorough due diligence of the small business has been carried out. Boost Private Equity is not only proactive, but mentors the start up or small business, growing it to its full potential. Boost Private Equity is always on the lookout to expand its portfolio, investing in companies, both in South Africa and in Europe, investing in potentially viable businesses that have been operating for not under an eighteen month period, with amounts of, 5 to 1, 5 million Euros. For further information on how to fund your young business, contact Boost Funding today.
|