I was brainstorming to find money to get my current project off the ground. Where do you find money that isn’t being utilized and invested to it’s highest and best use? Here are a few ideas that I thought of this morning:
1. savings accounts
2. money market accounts
3. certificate of deposits (cd)
4. stock market accounts/portfolios
5. bonds
6. mutual funds
7. home equity lines of credit (heloc)
8. whole life insurance policies
9. retirement accounts (401k, roth, sep, self-directed ira, etc.)
10. seasoned llc’s (lines of credit)
11. commercial lines of credit
12. bridge loans
13. home-improvement loans
14. “hard” money
15. venture capitalists and angels
16. non-profit organizations (assets=collateral)

The next questions is how to get access to these sources of money. Who has the access?
1. friends
2. neighbors
3. past clients
4. previous/current investors
5. current investment owners
6. business owners (of successful businesses)
7. referrals
8. employees/employer/coworkers

And what do they need to feel secure enough to lend that money?
1. promissory note
2. trust deed
3. great deal (low risk)
4. personal guarantee
5. sufficient return on investment
6. reasonable time-frame (short)
7. control/ownership
8. confidence in your ability to perform