From: Apprentice Millionaire
Greetings!
Starting one's own business after having been a PAYG has a draw back: the lenders want proof of the income from the business, and will only accept to look at figures after two years. So, as it is in my case, I appear to have stalled on my path to wealth creation, as lenders tell me I can't borrow much.
Has anyone out there got strategies to keep my momentum going? I have heard of partnerships (I provide the deal, someone else provides the cash), I have thought of going out to areas where prices are low enough to fit what the banks will lend me, I have already got money in a syndicate, but I would welcome any suggestions, ideas, recommendations, opinions, advice (I guarantee I will not sue!), etc.
Cheers
Apprentice Millionaire
(aka Jacques)
Greetings!
Starting one's own business after having been a PAYG has a draw back: the lenders want proof of the income from the business, and will only accept to look at figures after two years. So, as it is in my case, I appear to have stalled on my path to wealth creation, as lenders tell me I can't borrow much.
Has anyone out there got strategies to keep my momentum going? I have heard of partnerships (I provide the deal, someone else provides the cash), I have thought of going out to areas where prices are low enough to fit what the banks will lend me, I have already got money in a syndicate, but I would welcome any suggestions, ideas, recommendations, opinions, advice (I guarantee I will not sue!), etc.
Cheers
Apprentice Millionaire
(aka Jacques)
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