Topic: 1 Year or less loan for online business start up. (Read 1507 times)

The Kickstarter didn't receive as much as I was hoping, however, I received several smaller donations via PayPal on my site directly that assisted me greatly, but I've run a bit dry on funds, so I'm working on acquiring more currently.

uhhh so your asking for $40,000 your a newbie and you have no collateral, where are we going with this, did you even think this request through at alll

How is the fundraising going for your blog?

As you can see in my post above, I have launched a kickstarter. In addition I also have a donations page set up on my site: https://cvvmoneymakers.com/shop/

If you, or anyone else you know feels like giving, every little bit helps. I'm just trying to get by right now, scrapping together what I can to keep services and advertisements running. Currently the site is growing at a steady rate of about 30-40% per day.

This is a large sum of money, I don't think that this forum is the best place for you to raise the funds. Have you tried with crowdfunding? Many people gathered funds on this way for their business, it's very popular.

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Alright, So i'm not really getting anywhere here, that is fine. However, if anyone here is so inclined I have a kickstarter set up at the following link: https://www.kickstarter.com/projects/1543084531/new-website-needs-startup-funds

Please donate whatever you can to fund my project. I'm still willing to talk loan terms however.

Thank you.
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You might sound sincere and all, and you might be able to prove that you'll create a website that'll put Facebook and Twitter to shame, but without collateral, you'll never be able to prove that you'll pay the money back.

And even if you do have intentions of repaying the loan, things can and most likely will change farther down the road.

Sorry, time to turn to friends and family.

Thank you for the advice. I was hoping to have my investment in bitcoin to help support the bitcoin community as I would like to pay my staff via bitcoin, and my hosting accepts bitcoin, etc. etc. Nearly all of my expenses can be managed via bitcoin. And $40,000.00 can seem like a lot, but this is not a pet project of mine (similar to what Facebook was for Zuckerberg when he first designed it). I intend to launch a fully operational business ready to turn out profits of 10,000-20,000 in the first month alone. To do this I need the working capital to pay for advertising, e-mailing services, content writers, product promotion, logo design. None of which comes cheap. Additionally the environment for an online startup is not what it was 12 years ago when Zuckerberg began in his Harvard dorm room, (where he didn't even have to pay for the electricity for his hosting). I will pursue these other investment options if no other one becomes available, but as stated above, I would like to continue supporting this community.

And for transparencys sake, I should dislose I have already invested $4,000.00 of my own money into this project.

I don't really want to demotivate you but you certainly are not at the right place to ask the loan request.Your venture might be a great idea with a full-fledged business model and everything but you'd not find people particularly in this forum who'd take an initiate to fund you. Moreover $40,000.00 ~100 BTC. for starting a website sounds too hypothetical ,even Mark Zukerberg didn't need that much to make Facebook.You should probably contact Angel Investors/Accel Partners and those big funding companies who like to invest in a start up if you have a solid business model.Just my two cents.

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Update:

I have just been informed on BTCJam that they will no longer be supporting US borrowers. So this nixes that source of funding for me. I would appreciate any help anyone here is willing to offer.
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Due to some feedback i've received, i have determined that this is the best location for my loan request. A copy of the original post is below.

I am in need of a business loan to help fund a new business venture. I am in the process of launching my own site: cvvmoneymakers.com. It is a site devoted to the overall balance of financial, emotional, and physical well being. It will feature product and book reviews, some to affiliate products, as well as, original content in the form of articles devoted to improving the three aspects of our core mission, and a weekly newsletter to our list of subscribers, already over 1 million.

The money is needed in order to provide myself with livable income while I launch the site, as well as, money to hire content writers, marketing advisers, advertising, and operating expenses.

Based off of the success of similar sites, as well as our unique style and approach, combined with a specific niche market, I believe that within the first year this site will be operating a net profit of $200,000.00.

The loan amount I am requesting is $40,000.00 ~100 BTC. I am a new user and I don't have physical collateral to put up, otherwise I would sell it and fund myself. Based on my reading of the site, it appears most lenders require collateral, which I don't have, but I ask that you still consider this and do not close it. I am happy to provide a more in-depth explanation of how my site will make significant money. This loan would help secure this site for the future, and would be easily paid back within 1 year at double the loan amount, for a total of $80,000.00.

I look forward to hearing from you.


Edit:
I am new to this forum, I found it via a google search. I have requests into btcjam and loanbase, but am awaiting response. I am in a relative hurry, simply because I want to get my new business up and running as quickly as possible. I've read through several of the helpful tutorials, and I believe that i'm complying with forum rules and recommendations (as best as possible, since I lack collateral). I assumed that lending would be the appropriate forum to ask this in, as I am asking for a loan. If I am incorrect, please move this post.
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