Investment

[Piet Botha]

Hi Guys,

 

I know this is my first post but had to create a new account due to privacy reasons.

 

Some luck fell into my lap recently and I managed to secure a well known brand in cycling. I would like to explore this opportunity to import this brand. I do currently import 3 successful brands, this one is like that super hot girl out of your league So far all looks good but have a "slight" problem.

 

Funding...

 

Little information regarding the brand-

• The brand use to be available in SA
  
• It's an aftermarket brand for consumable parts
  
• 80% MTB related
  

 

 

I don't want to mention to much on a public forum. But if someone will be keen please inbox me.

[Guest Karma]

Niner? Please. Current importers suck.

[ScottCM]

what type / amount of funding are you talking about?

[Spinnekop]

Niner? Please. Current importers suck.

 

 

consumable parts

 

[Bizkit031]

I think for guys to fund it you need to tell them what brand it is?

[Piet Botha]

R300k roughly for 6-8 months.

[Jakkals.]

Okay, so we know you've got funding problems?

 

But I can tell you that I always have some issues with my own finances.

 

Every month, close to month end, its almost, if not gone.

 

Funding becomes available from the service I deliver to my employer.

[Guest Smimby]

Niner? Please. Current importers suck.

It is like they are doing you are favor by selling you a Niner product.....

[Jakkals.]

R300k roughly for 6-8 months.

 

What ROI and ROR?

 

my own abbreviations used, but I'm sure you can figure it out.

[fanievb]

there you go

 

https://www.fnb.co.za/

http://www.absa.co.za/Absacoza

http://www.nedbank.co.za/website/content/home/index.asp

http://www.standardbank.co.za/portal/site/standardbank

http://www.investec.co.za/products-and-services/financing-and-lending/personal-finance.html

http://www.businesspartners.co.za/about-our-finance-options/

http://www.sefa.org.za/

http://www.ithala.co.za/Business_Finance/Pages/default.aspx

[NOFX]

I have a rule......I don't lend to any one without a proven track record

[gummibear]

I do currently import 3 successful brands, this one is like that super hot girl out of your league

 

 

What are your 3 current brands?

[Guest Karma]

What are your 3 current brands?

 

1. Power Balance

[rouxtjie]

This is not going to end well.

[Jakkals.]

1. Power Balance

 

hahah

 

fell of my chair

[exsanguinator]

I dont mean to be rude,but If you cant secure such a small amount from a bank,

then someone would need a full business plan to even bother reading this topic any further