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Thread: urgent business loan

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    urgent business loan

    hi everyone,is there any financial institution that can loan me R250000 within 24hours,besides banks because i dont have enough collacteral to secure the loan with.i can use my business to secure the loan. the purpose of the loan is to buy equipments for my business.my business will be used as a training facility for audio engineering and i have clients who are interested in my services.if any investor is willing to help and requires a business plan,im willing to provide any neccesary information about the business.

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    just me duncan drennan's Avatar
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    24hrs is really, really short! I'm a little unsure if anyone would be willing to dive in so quickly with no hard security.
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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by duncan drennan View Post
    24hrs is really, really short!
    That was my thought too. I was curious to see if anyone had anything remotely close to a solution. I'm not sure you could even get a new credit card application processed and available that fast.

    Buhle - you've probably got other things on your mind right now, but when you get the chance - How did you end up in this position anyway and have a business plan?
    The trouble with opportunity is it normally comes dressed up as work.

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    Email problem Alta Murray's Avatar
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    Rob a bank No, I don't know about any institution that would give you that sort of money within 24 hours. And even if I were an investor I would be very worried that you at present might have the clients but what about the future?

    When it comes to audio-engineering training you are up against some big blokes from what I understand, so perhaps you could give us some more info, and we can help you out?

    Good luck anyway!

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    Thanks,i understand that its impossible to get such amount of money within 24hours.i can provide my self as a collacteral, im worth more than a trillion rand...lol...joking. the thing is im about to lose the place where my business was going to be setuated.its a secured, relaxed quiet place with a parking that can accormodate more than 5 cars.it is easly accessible for clients,cheap monthly rental it is suitable for my type of business.the owner is tired of my empty promises, telling him to keep the place for a while,the place is on high demand.maybe ill search for another one after getting enough funds........thanks again guys.

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