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Large peer 2 peer loan? Or investor?

Phil_rich
Phil_rich Posts: 270 Forumite
Evening all,

We are currently looking at a business venture that we need an injection of £300k. Due to current borrowing and the relative newness of our current business we cannot get a loan from a bank.

Do we have any other options? Out current profit would cover the repayments based on a long term load payment, this is excluding any profit from the new venture.

Is there anywhere to get a peer 2 peer loan for this amount? If not how would we go about finding a 'rich' investor? We would obviously be offering the investor security against their loan.

Any help would be appreciated.

Regards,
Phil
--- Fat club weight loss -- Started 10th April 2015
Update: 28.4.15 - 8lbs

Comments

  • KingElvis
    KingElvis Posts: 4,100 Forumite
    How about those strange people who won 45 mil on the Spansih Lottery or whatever that thing is?
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • What about those four millionaires on TV who give money to companies that need financing?
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • poppy_f1
    poppy_f1 Posts: 2,637 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dragons den
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