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Financing
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marko
#1 Posted : Thursday, April 23, 2009 6:30:00 PM
Rank: Member

Joined: 1/7/2007
Posts: 838
Where can i get financing for a business start-up?someone,anyone please help. WHO DARES WINS
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eli
#2 Posted : Friday, April 24, 2009 5:52:00 AM
Rank: Member

Joined: 6/17/2008
Posts: 294
Financing for business start up? Sources of funds. 1. Your Savings. 2. Bank Loan 3. Venture Capitalists 4. Family and Friends 5. Angel Investors Option 1 is most frequent. Works most of the times. Other Options are huwesmek! But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Goals
#3 Posted : Friday, April 24, 2009 6:55:00 AM
Rank: Member

Joined: 10/6/2008
Posts: 118
get your financial accounts and bank statements and walk to any bank. You are save in case there are collaterals. Also consider sacco borrowings coz of the constant interest rates. I can teach anybody how to get whatever they want out of life. The problem is that I can't find anybody who can tell me what they want.' Mark Twain
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marko
#4 Posted : Friday, April 24, 2009 7:23:00 AM
Rank: Member

Joined: 1/7/2007
Posts: 838
@Eli.thanx for the advice.the problem is that i have some savings but not enough to put down a down payment. @Goal.immediately banks hear start-up,they just smile and start the we regret line.there is collateral.a logbook.that is the actual vehicle am looking to get financing for. WHO DARES WINS
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nanfor
#5 Posted : Friday, April 24, 2009 8:00:00 AM
Rank: Member

Joined: 3/6/2009
Posts: 172
Marko,as a startup,that will be your problem wherever you go. I would start with whatever little I have. Remember kidogo kidogo hujaza kibaba.......Whatever you have is what the Gods wanted you to start with. So instead of wasting time looking for funds which you know are going to be imposible to get,sell the car and start your business.....You will be able to borrow later.......If the car is too important or too risky for you to sell,why then should I give you a loan?.....That is how the bank thinks.
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mlefu
#6 Posted : Friday, April 24, 2009 8:07:00 AM
Rank: Elder

Joined: 2/11/2007
Posts: 1,680
Location: nairobi
you want to buy a car? matatu..akina twameka shld help.. muthomi mugi aiikagia maitho kabere...
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marko
#7 Posted : Friday, April 24, 2009 8:12:00 AM
Rank: Member

Joined: 1/7/2007
Posts: 838
@all.basically,what i want to do is to buy a 29 seater bus.
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Litoro
#8 Posted : Friday, April 24, 2009 1:47:00 PM
Rank: Member

Joined: 8/4/2008
Posts: 48
Boss,what u need are ua bank statements for the last six months and make a decision on the make of the 29 seater u want(bora sio Swaraj).Approach any bank i.e coop,n.i.c,kcb,fina na utapata gari. Ukikwama,call 0728-539-066 nitakuonyesha coz thats what i do on the sidez. Good luck
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marko
#9 Posted : Friday, April 24, 2009 3:21:00 PM
Rank: Member

Joined: 1/7/2007
Posts: 838
@Litoro.asante sana.i will do exactly that.i have your number so if i kwama i will be giving you a call. WHO DARES WINS
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kyt
#10 Posted : Sunday, April 26, 2009 4:10:00 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
i work for Kcb and you may come lets do business my contants are kytotz(at) gmail(dot) com 0728-991904,0733-991904 just holla and lets chat. hasta la vista
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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