I have just joined StartupNation ... very good resource ... but I am in need of professional help. I have just acquired a professional indoor football team franchise. I have been involved with a team in this league since day one ... and now have the opportunity to grow a successful team of my own.(the team mentioned sold for $825K after just 3yrs) So here is my dilemma I am in need of some start up capital ... about $25K ... and am willing to give up 20% ownership in the franchise or 10% return. My time table is short. I would like to have funding in place by October 1st 2008. My personal credit is not good (FICO 540) and don’t have any collateral ... I know not an easy task. But I know I can make a success of this venture. I already have a contract with the arena ... in which i will share in concession revenue. I have a local marketing professional who is willing to work on commission to bring in sponsors (that’s how the team generates income aside from ticket sales) I have done some projections and with conservative numbers I estimate that I can make about $50K in profits this year and about $100K the following year (provided the team ha a good year and attendance increases) … I appreciate any help I can get. Thanks in advance. Felix Gutierrez
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