I have an awesome plan, I have the floor plans, blue prints, and all the finances already in check and im getting a team of lawyers to help me with the legal process. If my plan goes right (and it will) I will be making a minimum of 6 million dollars a year, my first year and each year will increase. It will cost me only about 4.5 million to 5 million to build+ all the legal work. The problem is that I dont have any capital money, is their any type of loan that gives 5 million dollar bussiness loans. The highest i%26#039;ve seen is 400k.
Also is it possible to get smaller loans (350K) from different companies until they all add up to 5 mil.
Multi Million dollar bussiness loan?
You need to form a detailed pitch of your plan and find some venture capitalists. A traditional lender is not going to lend you that kind of money unless you have the assets and the track record. Lots of venture capitalists in Silicon Valley (Palo Alto is the city name) try around there, look up some companies online and see what their submission policies are.
Multi Million dollar bussiness loan?
You can always research huge companies and corporations with the same field of work you plan to do, and others who will be willing to invest in your business.
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