Loans that you get without having yourself personally liable is not the way it works. You should assume you will guarantee the loan regardless of the structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already hav
[inaudible] you can do contract financing. That exists. But a line of credit is probably what youre looking for. Thank you, marc. I have a question from the audience about a burgeoning market. Any avenues for San Francisco medical cannabis dispensaries . Open to the panel. In terms of financing . I can tell you what will be the licensing and zoning regulations, but i think i would turn it over to our financial institutions, in terms of in terms of the type of business that you would consider financing. We look at all kinds of business. We always want to see a business plan. We want to see the cash flow. Just like the lady before, you can have a good plan, but if you do not have cash good credit is always important. People sometimes have no cash or they may have a cosigner or partner that could help. Opportunity fund is a 51 say 501 c nonprofit and we can make the bay area a better place especially for low and moderateincome communities. Some of our funding sources, like the sba, certai
Loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. You should assume you will guarantee the loan regardless of the structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try
Businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already have an sba loan. I went to wells fargo for a line of credit and they would not give me one. I can speak to you about it. When we look at funds that are needed, the biggest thing we look at our cash flow. I c
You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already have an sba loan. I went to wells fargo for a line of credit and they would not give me one. I can speak to you about it. When we look at funds that are needed, the biggest thing we look at our cash flow. I can address that with you. Unless there is an issue, at that point [inaudible] lets talk, ok. I have a couple of more questions. I know