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the reason why people needing money for their business
success turn to business financing consultants, which
provides you the opportunity for success in this field.
You'll find that beginning or small business persons are
always on the lookout for professional business financing
services. They always seem to need more money than they have
available, and they never seem to get quite the help or
satisfaction they seek from the banks. The pressing need for
more capital is not something that plagues only the
beginning or new business. It is an ongoing need in almost
every growing business also. In fact, the need for a
continuing input of new money is a necessary part of the
growth cycle of every business. Generally, the "little guy"'
just doesn't have the extra cash from last year; he does not
have the money it takes to set up a stock market program;
and he doesn't have the time to devote to (or he doesn't
want to attempt to "sell" his friends) an investment program
in his business. Sometimes these small business people will
talk with their accountants, lawyers or stockbrokers and ask
them to help in finding people with money to invest. Most
accountants, lawyers and stockbrokers are in touch with
clients who have money they are willing to invest in growing
businesses, or people with "sure-fire" money-making ideas.
Whether these professional people do or do not have special
clients with money to invest in special "deals" is of no
consequence. The important thing is that these people are
always being asked by someone if they know of a source of
money, or if they know of someone who can locate an investor
for them. With this in mind, and once you're set up in
business, it will behoove you to contact these people - the
accountants, lawyers, and stockbrokers in your area - to get
to know as many of them as you can, and to leave your
business card, so they will be aware of your services.
The Services You'll Provide:
Generally, the money broker or person operating a business
financing service will work with his or her clients in
putting the loan application package together in such a way
that it will receive favorable consideration by the lender.
You'll have the names, addresses and telephone numbers of
lenders from all over the world, people and firms interested
in investing in all kinds of different business ideas and
for virtually any amount of money. When you have a complete
loan application ready for presentation, you'll select the
lenders or firms interested in that kind of business or
investment. Either send or present the loan application
package to them. One thing is most important: When you
present a loan application package to a lender, be sure to
have the date and time of your presentation certified by a
notary public. When you send a loan application to a lender,
be sure to certify the mailing of your package with the Post
Office. Once you "open your doors" for business, there will
be no shortage of people coming to you for their money
needs. The problem will be electing just the requests you
know, logically, stand a reasonable chance of approval.
Everybody wants and needs money; once you announce that you
can get loans for people who need them, you will be
overwhelmed with requests. It will be up to you to utilize
your time, expertise, and effort according to the greatest
profit potential.
Setting Up Your Business
You can start from the kitchen table in your home if
necessary. You'll need a telephone and unless you have
someone to act as a secretary, you should employ a telephone
answering service. You can probably get by with a telephone
answering machine, but because you're dealing with money,
it's important that you project an image of success (and a
telephone answering machine quickly identifies you as being
a one- person operation). In addition to a telephone, you
will also need business cards. These, of course, should be
of a fine quality (this is not a very large expenditure).
They, should simply state your name, followed by the name of
your services - Business Financial Services. You may list
your phone number in the upper left-hand corner, something
such as "Money for Every Need" in the lower right-hand
corner, and of course your name and firm name centered in
the middle. Assuming you are working out of your home, once
you have moved into an office, you would certainly want to
make new cards showing your business address. It wouldn't
hurt to have a calculator, a computer, and at least a small
file cabinet as you set up your business. But just as people
got along before without these amenities, you can make do
until you can afford this equipment. Once you are organized
in a work area and with the basics for operating your
business, the next move will be to get the word out that
you're ready to offer your services to people needing money,
and for people who are willing to invest. This means
advertising, visiting, making contact in some way with both
the people needing money, and those wanting to realize a
profit in the process of lending their money. And don't
forget - often those who do not go with you for one reason
or another may supply you with fine referrals. The more you
advertise and talk to people about your services, the more
successful your business is going to be. So first of all, we
suggest you run an ad in the classified section of your
local newspapers. It might read like this:
MONEY AVAILABLE! Business start-ups, expansion needs,
construction loans, cash-flow problems. Call 123-4567.
You should run such an advertisement in as many of your area
papers as you can afford, every day, for at least a month.
This means that you'll have to have an advertising budget,
with the money either coming in (or available) to meet these
costs before you even contract to run your first ad. (This
is part of the necessary planning that has to be done before
you actually open for business.) At the same time you're
running the ad inviting people to come to you for their
money needs, you should also be running a daily ad such as
this one:
$350,000 NEEDED! Will pay maximum interest. Growing
business, excellent profits and tax benefits. Call 123-4567.
Now the purpose of the first ad is to build your list of
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