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02-16-2016, 03:42 PM #1
- Join Date
- Feb 2016
- Posts
- 34
Quality of service and transparency is key in this space. Here at Seek Capital, we provide funding to startups and early stage business owners with personal credit as the key driver. We have multiple funding programs ranging from line of credit, term loans, equipment finance and business credit cards that can be converted into liquid cash. Majority of our funding products are direct from banks and have rates no higher then 8%pa (as of writing) We work with multiple mca and alternative funding companies to help implement their product offerings.
Feel free to give me a call to learn more: Roy.ferman@seekcapital.com or 323-275-1700 ext: 650
www.seekcapital.com
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02-16-2016, 03:56 PM #2
- Join Date
- Sep 2014
- Posts
- 720
According to the web-site, Seek Capital provides a wide range of funding options in addition to: entity/business plan creation, web-design services, and unsecured credit cards. I take it you guys hired a new CEO? Gonna go out on the limb here and guess that her name is Yuliya?
Really enjoyed the "Amazing Benefits" portion of Careers page as well.
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02-16-2016, 03:57 PM #3John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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02-16-2016, 08:48 PM #4
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
Startup financing comes in a few forms:
1) business/personal credit cards (commonly touted as business lines of credit with 0% APRs)
2) Personal loans from online and retail entities
3) SBA community advantage programs (requires down payments and in some cases collateral)
You can also liquidate invoices provided that the invoice is sent and establish a few true credit lines against contracts, etc. This is generally the case for 90% of the industry. Then there are some specialized avenues for professionals (medical, lawyers, etc).
I realize there are LOTS of people in this space offering conflicting advice.
Now here comes my shameless plug: we help people get startup financing using a combination of the above. However we don't focus on #1) as the product of choice. Instead we focus on cash and credit combinations. Recently we've helped acquire as much as $250,000 in combination of cash and credit for startup entrepreneurs. Our clients include wine bars, restaurants, trucking companies, auto dealers and furniture stores. Industry is irrelevant however. What matter is the strength of someone's credit whether they have a means of paying back the debt (i.e. are currently employed).
If you have a scenario you can post it here and I'll try to respond. Alternately you can send me a PM to discuss.
Good luck!Last edited by aak723; 02-16-2016 at 10:09 PM.