How to raise funds for your company

How to raise funds for your company You can use crowd funding to raise funds for your business projects. Some even use it to test drive new products and services.

02/11/2015

Scams in funding

There are many scams in funding. Actual cases we came across:

Upfront entertainment fees $300k

A Singapore company got the rights to manufacture high tech disposable surgery equipments from some Russian scientists.
They require $10 million to setup the factory. One datuk from Bolehland said he can raise the fund from some top politicians in Bolehland but he needed $300k to "entertain" these investors. Once he got the money, he could not be contacted.

Red flags for funding:

1. Asking for upfront fees.
2. Promise the sky, moon and stars.
3. Claimed to have good connections to top politicians.
4. Claimed to know personally famous high flyers.

Please note that in the Land of Haze, they even have a School of "Kenching" (cheat) teaching cheats how to falsify financial instruments.

02/11/2015

Using crowd funding for business

You can use crowd funding for business to test out the market receptiveness to your new products or services.

Even the big MNCs such as Apple and Samsung also use crowd funding to test their new products.

If the product is very well received, then the company will know it will be a top seller if they launch it.

One Aussie guy who invented a beehive which allows honey to be automatically pumped out from the beehive. He asked only for USD 10,000 and got a whopping response for USD 2.4 million.

If you want to try crowd funding for your business, please feel free to contact me at [email protected] for a discussion.

02/11/2015

Trade Financing

What is Trade Financing?

Financing to facilitate a trade. For example letter of credit.

Who issue the facilities?

Banks will facilitate provided you have a credit line with them.

If you don't have a letter of credit facility with your bank, how?

You can "borrow" the facility from someone who has extra LC facilities.

If you have a ready buyer and seller and need trade finance, we can talk. Please email me at [email protected] with the following:

Your company name
Your name
Email
Mobile
Amount
For what purpose

25/10/2015

Invoice factoring

If your company requires three to six months short term financing, we can help. Please note that no personal finance. We are only interested in corporate finance.

We need the following documents:

These are docet funder requires for corporate funding:

- Last 2 years' financial statements
- Existing borrowing facilities/ letters of offers
- Year to date management accounts
- Bank statements for last 6 months
- Up to date debtors/creditors (AR/AP) aging report
- Income tax assessment (NOA) of all directors/PGs for last 2 years
- Latest personal credit bureau for all directors/PGs
- NRIC of all directors/PGs
- Memorandum of Articles
- Secured contracts, if any

If interested please contact us by clicking the link below.

No upfront fees to the application. If deal did not go through, you don't pay.

https://www.cognitoforms.com/LawrenceTham1/CorporateFinance

22/10/2015

There are many ways to raise funds for your company depending on circumstances of your needs.

Invoice factoring
Crowd Funding
Venture capital
Bank loans
Trade Financing
Letter of Credit
PIC and government grant

Get a free no obligation consultation by visiting https://www.cognitoforms.com/LawrenceTham1/CorporateFinance

https://www.youtube.com/watch?v=4r4uFiNtdL4
11/10/2015

https://www.youtube.com/watch?v=4r4uFiNtdL4

Get insights how to setup your crowdfunding campaign to reach your goals. Valuable tips from somebody who definately knows this business very well. Danae Rin...

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