How to Find Money for Your Business Fast

Do you have an opportunity that you can take advantage of if you have the money you need "yesterday?"Would having money with a phone call be of help to your business growth?If you answered yes to either of these questions, make sure to read further to find out how.



Steps
1. First determine how much money you need.  Make a list of where each dollar would go if you get your funding.


2. Then list the type of collateral that you may have for the loan.  What can you pledge to your lender if he makes you a loan.


3. Start your search for private lenders (also known as hard money lenders) who will consider loans of this nature.


4. Study exceedingly hard to understand how to identify and avoid the bad guys out there who are in it to take your money instead of getting you the funding that you need so immediately.


5. Start to search the resources anywhere that you can find them.


6. Get referrals from others of those who have provided funding in similar circumstances as yours.


7. Provide them with details of your situation and see if there is an interest.


8. Negotiate for a great rate and terms as best as you can.  You should have the services of someone who is experienced in this type of lending to help you with this project to make sure that you don't get taken.


9. Hire a lawyer to assist you as you move towards a closing.  As this could all happen very quickly, you should have the identity of your lawyer decided in advance of starting this process.


Tips
Have someone who is highly experienced at reviewing collateral, reviewing loan terms, and/or reviewing loan documents with you to make sure that the experience of getting funded is a positive one.