Would an anyone invest in this?

N23CN23C subscriber Posts: 4
edited August 2008 in Startup Funding
I have a produst which i supply to grocery stores myabe about 50 stores right now.  recently I contacted a national distributor who said they would agree to buy my product from me and distribute to 7,000 stores nationwide.  I by no means have the capital for this so I was thinking that I would need an investor to come in and help me grow.  To give you an example I would need at a minimum 105K to buy product the profit on that would be 50k after expenses.  and this would be the minimum revolving every month.  I need advise as to weather anyone thinks this would be a simple pitch and how I go about finding someone.
 
Please help

Comments

  • robertjrobertj Tampa Bay, Floridasubscriber Posts: 0 Member

    I have a product which i supply to grocery stores miyabe about 50 stores right now.  recently I contacted a national distributor who said they would agree to buy my product from me and distribute to 7,000 stores nationwide.  I by no means have the capital for this so I was thinking that I would need an investor to come in and help me grow.  To give you an example I would need at a minimum 105K to buy product the profit on that would be 50k after expenses.  and this would be the minimum revolving every month.  I need advise as to weather anyone thinks this would be a simple pitch and how I go about finding someone.
     
    Please help

    Acquiring funds as an advance on a purchase order (aka Purchase order funding) is doable - if your situation meets the basic requirements.
    Send me a PM if you want to discuss specifics
  • N23CN23C subscriber Posts: 4
    Yes they will issue a PO and also want to write up a contract. I do not have good credit so I am not sure the banks would be much help.  Would I still be able to go with a private investor?
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