May 4, 2007, 4:01 pm

Help! I need startup capital

Have horror stories about trying to obtain startup capital? Check out our resources and read our viewer's comments to hear how other entrepreneurs have fared.

Your Answers
AFrom James Honolulu, Hawaii

I am having a very hard time getting a start up loan for a Soul Food restaurant in Honolulu. I will be the only Soul Food restaurant to offer my plan can you give me some ideas.

Posted By James Honolulu, Hawaii : April 26, 2009 7:55 pm
AFrom Jack Koelbl, Reynoldsburg, Ohio

Please check out my Web site. I may be able to help you find cash in your home. Unfortunatly this loan is not available in all states.
http://www.cashadvisors.com/jackkoelbl/

Posted By Jack Koelbl, Reynoldsburg, Ohio : December 12, 2007 11:08 am
AFrom Brian Javeline, Pompano Beach, FL

A suggestion is to look for sophisticated angel investors who not only will be able to provide you start up monies, but can also provide valuable insight into business issues that you will eventually face – especially since you are knee deep at the ground floor. A vested partner or set of partners will allow you to mature more quickly, with of course you understanding that they expect to share in the wealth. I did the same thing when starting MyOnlineToolBox.com, an internet solution that targets the small mobile contractor in home repair and remodeling. The hardest part is ensuring that you are well prepared to solicit the funds. I suggest you joining a local angel forum or go online to learn the traditional requirements. And by the way, we are still seeking additional rounds of capital for interested parties.

Posted By Brian Javeline, Pompano Beach, FL : August 30, 2007 3:11 pm
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QWe've run a dinner theater for three decades. We've been operating at a loss for the last couple of years, and are unable to get a loan. We even closed for two months this summer to save money. We don't know what to do. More
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- Kyle, Sarasota, Fla.
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