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Topic: Gauge of interest - looking to raise 25 BTC in January for inventory - page 2. (Read 3899 times)

hero member
Activity: 644
Merit: 500
Inspired
Why not a SBA loan or a bank line of credit? The terms they should be able to offer you should be superior to any a equity investor could offer here (Think 3%-6%). With a track record like you say you have, it should be very, very easy to do.

I'm sorry if I gave the impression I was lacking options.
I could handle this using conventional financing or cash reserves.
I just don't want to. 

It's just paper - and rather than a bank hold my paper, or tying up cash - I think this part of my business is a good candidate for investors.
If there is sufficient interest, I'm going to put a plan together that allows me to still be a bitcoin activist as well as be competitive with what the market can provide.
sr. member
Activity: 406
Merit: 250
Why not a SBA loan or a bank line of credit? The terms they should be able to offer you should be superior to any a equity investor could offer here (Think 3%-6%). With a track record like you say you have, it should be very, very easy to do.
hero member
Activity: 644
Merit: 500
Inspired
In 2014, I spent $104,565 on hardware and materials for resale.
My margins are around 30% on resale.  Very little overhead - because hardware sales is just a necessary part in this service industry.
In 2015, I'd like to increase my inventory and have more of the essentials on hand.

This is a well established real-world business that has an excellent track record with growth & customer service.
I am keeping certain details private to the general public, but investors will be privy to details.
My accountant instructed me to open a line of credit for this upcoming year, but I'd prefer to pitch it here first. (being the bitcoin activist that I am)

I'll keep this thread open for 2 weeks, to gauge the level of interest.
If I get enough interest, I'll construct terms that will spell out better details.
The idea is in its infancy, but in a nutshell I'd like to create a bitcoin security to finance an expansion in inventory.

Please let me know if you might have interest in getting involved in my IPO.
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