Finance a Business?

by Arnold
(Philippines)

Hello!

Can you finance a business expand here in Philippines? My business plan will be cellphone repair,selling cellphone accessories and internet cafe and which requires $300,000.00 USD.

God Bless... Arnold

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Hi Arnold,

Scott from cbo. We do not finance start-ups, even for those who join us in taking advantage of our business opportunity. You can see why by going to
http://www.christian-business-opportunities.org/christian-finance.html.

What we did to finance one of our businesses was to approach an investor who was familiar with us and the type of business we wanted to start (a ski and bike shop). He desired to do the same, so he invested in our start up.

Who do you know who is in a position to do this? When you find that person, make sure you spell out in a legal contract how it will work. Cover all the bases. We made the mistake of not having things in writing and it cost us our equity.

Hope this helps.

All Our Best,
Scott & Laurie Prindle