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IncomGuru’s Find Funding Right Now

IncomGuru’s Find Funding Right Now

IncomGuru’s find funding right now will help you to find and fund all your projects. Find funding right now allows you to have money to advertise, buy products, pay staff, and bills.

  • A Loan from the bank or a friend:

The most traditional way to find funding for all your projects is to go to a bank or a friend. You would ask for a certain amount of money from them. They often require that you pay them back in a certain time period. They would also tack on some interest payment to the loan. Basically, the interest is your fee for borrowing their money.

For many people, the word LOAN sends the hair on the back of their neck standing up. Not because they would be taking out the loan but because of the interest rates attached to the loans. They are always what kills the deal. Even an interest rate of 1% adds up over time (compound interest), and you end up paying back substantially more than you borrowed.

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  • Grants & Subsidies

Grants and Subsidies are another way to fund all your projects. Grants and Subsidies are great because they don’t have to be paid back. But there are two draw backs when dealing with these type of funding. One is that they are a little hard to find. Two they require that you have someone fill out the paperwork. Why do you need someone else to do the paperwork? Because it takes a little bit of time and research to get all the right answers and word every section correctly.

One is that they are a little hard to find. Two they require that you have someone fill out the paperwork. Why do you need someone else to do the paperwork? Because it takes a little bit of time and research to get all the right answers and word every section correctly.

If you are in business you don’t have the time or energy to work your business and fill out these forms as well. This is such a specialty that there are people whose business is only writing grants.

  • Personal Lines of Credit

Personal lines of credit are another way to fund all of your projects. You’ll find that this is what we call a cycle effect because it is always around but when investment money starts to get tight with the banks these type of funding sources start to speak out more. In today’s world, you should start to see they more and more.

Using Personal lines of credit is a wonderful way to fund your projects because it allows you to own the money you are borrowing. Because you are borrowing it from yourself. It is also a good funding source because interest rates can be managed better, more often and negotiated down after a time of good payments. We also like this method because it covers two topics at the same time. As you are paying off the credit loans you are fixing your credit by your own actions.

  • Hard Money Loans

Hard money loans ( for real estate in MD, VA, DC area, contact me directly) are another good way fund all your projects. It is similar to a regular loan from the bank or a friend except for one major part. You are getting this loan from someone you do not know and therefore the interest rates will be much higher and often the time to pay them back much shorter. It’s a bit more sophisticated than a regular loan but worth getting the knowledge on hard money lenders.

In general, hard money lenders are good sources for business loans and people all over the world use them all the time.

To get our Special Funding Report Now. Only $5.00

It will give you a detailed breakdown of the topics and more information about each source, as well as the valuable links to the right resources

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