Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Investments

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Buisness loans, great buisness ites but no money :(

1 reply

Marne · 06/04/2011 09:56

Not sure if this is in the right place but here goes.

I have what i think is a good buisness idea, (without saying too much), it involes buying a old building and turning it into something else, i think it would have a good chance of making good money as we know others in the area that are doing great and expanding, dh works in the trade/area of the buisness and has a lot of knowllage and also knows a lot of other people who are doing great in the trade/buisness.

The only problem is we have no money to buy the property (i know its a huge problem), so at the momment its just a dream Sad, the property has been on the market for a long time and is now being sent to auction so i know our dream is soon going to be gone.

Is there any way of getting a buisness loan for such a huge amount of money, would it be possible to find someone to invest?

Should i just give up Grin.

OP posts:
RockChick1984 · 08/04/2011 22:48

I'd suggest speaking to a small business manager in your bank, find out what they would be willing to offer you, maybe a commercial mortgage would be an option for you? Alternatively could you remortgage your home to raise the cash?

New posts on this thread. Refresh page