Howdy Shoaib,
From the statements on their website, it appears that one might be able
to make the kind of financing arangement that you outline.
Here are the applicable statements from the Worldwide Financial Services
LLC, dba (doing business as) Rock Consulting Group website.
"Signature Loans & Small Business Loan"
http://www.rockconsultinggroup.com/id3.htm
"Unsecured signature loans from $1,000 to $10,000 nationwide USA only.
Fast approvals, no collateral required, cash for any purpose. Unsecured
business loans up to $250,000 nationwide, USA only. Fast approval, no
collateral required. Cash for any use. Minimum documentation. Available
for all small businesses."
"We do not charge up front fees."
http://www.rockconsultinggroup.com/id2.htm
"Our commission comes directly from the funding source as a percentage
(1-8%) of each transaction at closing. We would also want (2%) equity
position in a venture capital project and of course the terms are
negotiable. There is no fee to review a plan, however, after review,
if we choose to take on a project and have investors selected, due
back with the information that will be requested will be a signed fee
agreement and authorization. This is absolutely necessary if we must
proceed on your behalf. In order to get your project in the hands of
potential investors, you will also have to cover the cost of preliminary
expenses for the preparation, promotion, marketing and presentation of
your Business Plan to qualified investors. The fee agreement and
authorization and the preliminary expenses must be executed before any
work is performed. If additional services are required, such as
business plan preparation and coaching for your interview with the
lender or investor, a flat fee arrangement must be prepaid by postal
money order, certified funds, or wire transfer. Other services will be
discussed and contracted on an individual basis."
Keep in mind that the terms of the signature loan might make payment
come due before any other business deal/financing has come to fruition.
Looking Forward, denco-ga - Google Answers Researcher |
