The answer is YES! However, a company needs to have a track record, needs to be profitable, needs a professional presentation and management needs to be prepared to discuss the reason for the financing and outline benefits to the investor.
Companies are competing for capital with other organizations and they need to differentiate themselves in order to be successful.
The material used involves the following: - The company needs to have at least three years of financial statements prepared by a third party auditor (Companies with a limited track record must have financials from first date of operation) - The company needs a business plan covering a five-year period.
This should have the following details: oDescription of business and historic performance oHistoric financial performance oDetailed financial forecast for the period including income statement, cash flow statement and balance sheet oMarket analysis oMarket plan oCompetition oSuccess factors - A company needs to demonstrate that it has the appropriate financial controls in place so that one can review financial performance on a monthly or weekly basis - If the organization is a wholesale or manufacturing company, it needs to demonstrate that it has control of its costs and inventory - The company needs to have a detailed budget and adequate reporting - The company needs to have a management team that can grow the business and meet the business plan - The company cannot have failed to file tax returns or violated other governmental regulations - The company cannot have any material law suits outstanding - The company needs to outline for the potential investors the major factors that differentiate it from its competitors Sources: The source will depend upon the capital need, use of capital and the available of assets.
There are lenders making loans for working capital and capital expansion.
If a company is in need of additional equity, there are private investors looking to assist companies with growth capital.
More importantly, companies that are facing working capital needs there are capital sources that will assist with short term financing.
A company looking to acquire equipment or expand its facilities may want to consider leasing.
Companies are competing for capital with other organizations and they need to differentiate themselves in order to be successful.
The material used involves the following: - The company needs to have at least three years of financial statements prepared by a third party auditor (Companies with a limited track record must have financials from first date of operation) - The company needs a business plan covering a five-year period.
This should have the following details: oDescription of business and historic performance oHistoric financial performance oDetailed financial forecast for the period including income statement, cash flow statement and balance sheet oMarket analysis oMarket plan oCompetition oSuccess factors - A company needs to demonstrate that it has the appropriate financial controls in place so that one can review financial performance on a monthly or weekly basis - If the organization is a wholesale or manufacturing company, it needs to demonstrate that it has control of its costs and inventory - The company needs to have a detailed budget and adequate reporting - The company needs to have a management team that can grow the business and meet the business plan - The company cannot have failed to file tax returns or violated other governmental regulations - The company cannot have any material law suits outstanding - The company needs to outline for the potential investors the major factors that differentiate it from its competitors Sources: The source will depend upon the capital need, use of capital and the available of assets.
There are lenders making loans for working capital and capital expansion.
If a company is in need of additional equity, there are private investors looking to assist companies with growth capital.
More importantly, companies that are facing working capital needs there are capital sources that will assist with short term financing.
A company looking to acquire equipment or expand its facilities may want to consider leasing.