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/biz/ - Business & Finance

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56202191 No.56202191 [Reply] [Original]

How do I invest into small businesses? Do I just find the owner and tell them that I'll loan them like $3000 dollars and have them pay me back 10% every week for 10 weeks? Or pay me back $3900 dollars in one sitting? I'm more curious the first part, just finding and negotiating with small business owners.

>> No.56202197

>>56202191
>Do I just find the owner and tell them that I'll loan them like $3000 dollars and have them pay me back 10% every week for 10 weeks?
13 weeks*

>> No.56202226

I don't think it works that way anymore. Maybe look into BDCs or at the very least peer to peer financing?

>> No.56202278

>>56202226
>I don't think it works that way anymore
Why? I'm not disagreeing with you, just wondering why people wouldn't do it like I mentioned?

>> No.56202382

>>56202278
Think of the logistics. Do you want to drive around like some loan shark issuing promissory notes? And even if you do, why would a business want to take a loan from you? Most likely you will not beat a bank's offer in terms of interest. So a business would only really be interested in borrowing from you if no bank will finance them, which means huge risk.

But yeah if you disregard all that then sure, find a business owner and get him to sign a promissory note and you're off on your lending business.

>> No.56202385

Angel Loan / Investor sites

>> No.56202416

>>56202191
How about you give me your money and I tell you to fuck off? Don't like what I'm saying? Expect the African American and Indian community to be on your doorstep.

>> No.56202877

>>56202382
>why would a business want to take a loan from you
cause im fuggin STACKED

In all honesty, that's a good point though. I think I would to offer something the bank's can't or won't.