Ed Atun says:
1. Possible but unusual. Banks have preferred to loan on “bricks and mortar” companies. You would pay 7% interest if you could get the loan. Payments of $6,500 a month. Every business owner in the world is sure that his “expanded business will be able to make enuf to cover this new loan”…. because businessmen are optimists but also because they wanted the loan for a reason in the first place.
2. Venture Capitalists can be found in the Wall Street Journal ( i dont’ work for them and they are free at the library). The problem is that they want 51% ownership of the company. And they want the right to fire you even tho you used to own and run the company by yourself.
Angel investors are looking for good causes. Probably not your online business unless you could prove that you would be hiring hundreds of local people.
cOOL !!
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