Well, guess what. I have finally heard from the bank, after 3+ weeks. Inefficiency? Procrastination? Whatever it may be, but the bank said no. At this point I could “U” turn and just get a job, a salary, and pack it all iin. But I KNOW there is something out there that will work, a stone that has been left unturned.

This is a hard knock on my fund raising effort. Now we have gone so far. Larger contracts placed and I can’t develop new products without the funding I was counting on. What next?

I spoke to my neighbour, a successful, experienced builder who is going through a difficult time at the moment. He said exactly the same thing. He needed bank support to make a new project a reality. The equity was there to secure the loan but the bank said they didn’t want to make him homeless- can YOU believe it??! I’ve no words to explain my frustration.

I have been speaking with a couple of investors but they want to take their time, and my time is now. How do I say “now”, not later? How?

Do get in touch to let me know your experiences, advice, thoughts, and benefit other people in the process...

Labels: bank funding, finance, fishbowl2, investors, marcela