kim
Apprentice
Joined: 01 May 2007
Posts: 15
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 Posted: 09/19/07 - 10:30 Post subject: |
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I have a little time on my hands, a little money to invest, so I was thinking about a small business investment company as one of the options for a healthy start, for the reason a was a financial consultant with one of the HSBC institute, so having a little bit knowledge about investing is just a positive thing. Ive been thinking about something small, at least for the beginning, Im modest and not too greedy, however starting my own business will be purely from the career point of view and a benefit side, to increase a financial support for my family. How to start Investment Company?
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yehudi
Apprentice
Joined: 23 Nov 2006
Posts: 25
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| Posted: 10/03/07 - 23:35 Post subject: |
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I can help you with a little bit information about what is actually a SBIC (Small Business Investment Company). So SBIC is a member of a small business administration, guide and control private investors money, usually merged with government money, guarantees to small successful companies. SBIC could be perfect for particular type of borrower, women , minorities, industry, however investment company can select the companies they would like to invest in, and all investment companies should pay attention to all administrative work, lots of papers to be filled out, encounter more requirements. They offer credit options to borrowers. You will need a good business plan, financial package, confirmation and evidence that you are eligible for investment company requirements as well as all legal regulated forms from the government and the bank as well, proof from the bank your loan has been approved, establishing business location, excellent marketing campaign etc.
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