saitoti wrote:I'm seeking a 2 million dollars($) Capital injection for growth and expansion of a very fast growing business in Kenya with a huge tried and tested potential in the rest of Africa.
Returns are over 200%, it'll excite you.
Equity and Debt options all welcome.
Serious investors only.
jsaitoti(at)gmail(dotcom)
@ Saitoti:
Just some suggestions to help you in your search:
1. Develop a business plan in support of your search for capital. It is not clear from your posts whether you have developed a business plan or not.
2. Address the issue of your company's creditworthiness by evaluating and describing its 5 Cs of Credit:
http://www.investopedia....rms/f/five-c-credit.asp
3. No one will lend you USD $ while you are in Kenya unless your sales are also in dollars. So you may want to re-evaluate the currency used in your borrowings.
4. For expansion outside Kenya, a financial institution will want to see that the company has used its own internal resources to establish a presence outside the country. Further they'll want to see how the foreign operations are performing separate from the local operations.
5. Have you approached your existing bank for an overdraft or a loan? If they have given you the funds, then use those funds first, repay them and ask for an extension in the limit given. If your bank has refused to extend to your company credit (loan or overdraft), then no other local bank will do as their lending criteria are similar. You'll also need to establish why your company has been refused credit. Investors may use similar criteria as used by the banks in evaluating whether to invest in your company.
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