« Update | Main | Interesting Investor Search Service »
January 15, 2006
Business Finance is a Highly Fragmented Industry
Business Finance is a Highly Fragmented Industry
I have been surprised to learn how many different funding sources exist and how difficult it is to find each one. There is specific terminology that must be known in order to avoid the dreaded "That'll never work" that seems to be so common in finance. This rejection comes in many forms such as: "Why would I take that risk?" or "Not without real estate for collateral" or "You're wasting your time on this one". What fun! The frustrating thing is to learn that some deals seem fundable at first blush, then not fundable for a while, then, upon learning the right terminology, easy to fund!
Posted by bizfund at January 15, 2006 11:54 PM