Tuesday, March 27, 2007

Micro loans

The nicest thing to happen since remote controls! Micro loans were "invented" in India, but they are gaining exponential popularity in the United States, especially for small business owners with limited resources for capital. The micro loan concept presents a couple of obvious advantage to lenders: miniscule loan amounts and attractive returns.

The dilemma for business owners is under-capitalization. In a competitive environment such as we have today, finding the right size loan to keep a business from failing is extremely difficult if the owner's credit score is less than desirable. At the same time, a $500 loan is virtually worthless to a business owner, unless that amount was needed to pay a single outstanding debt of some kind.

WLH Communications Inc. is a small independent business that has been running for nearly three months, although it was organized over a year ago. The company is looking for a small business loan that could be considered as a micro loan. This is a great opportunity for a private investor who can handle a small element of risk in order to participate in a perpetual income stream. In the case for WLH Communications Inc., their business plan promises long-term income and growth to any entity that provides the capital. The desired loan is in the amount of $8000.

The immediate benefit from the loan will be the capability to begin distribution of a new product.
The company's marketing plan virtually guarantees repayment of the loan within 12 months. Reasons for the optimism are as follows:l
  • timely introduction
  • broad market appeal
  • extended publicity
  • company's marketing background
  • endorsements

Bill Hudley, marketing director for WLH Communications, sums up the future for their new product.

"We believe the book (Stock Power-The Novel) will reach all of the important consumer markets. It was written specifically to appeal to readers who have an interest in securing their finances. Our strategy is to highlight the educational value of the book, and that alone makes it appealing to the masses," Hudley said.

He also pointed out that the book will spearhead the company's drive to promote its core business, which is investment consulting. With more than twenty years of experience in the financial services industry, Hudley seems confident that the company will have little or no difficulty finding niche markets that will respond favorably to the proposed campaign.

"We have advanced orders for the book from bookstores and consumers in fourteen different states. I think it stands to reason that our targeted marketing campaign will be very successful," Hudley added.

All parties interested in getting details about this company and its current appeal for financing may send inquiries to:

billhudley@wlhcommunications.com

Or you may call: 866-704-4114

3 comments:

Unknown said...

Nice post. I'll keep it in mind because I plan on running a business soon. I've been thinking about it for a long time now, and I can use all the help and advice I can get. Anyway, lately I've been thinking about buying a business instead of starting one from scratch. Any suggestions? Advice? Thanks.

Unknown said...

@Karen -- There are a bunch of resources online you could check out. There's one called BizTrader.com. It's an online global marketplace where you can buy or sell a business. It also has helpful tips and advice, and you can use it to find professional help, like a lender or broker.

Then there are always books you can read and local small business groups that can be very invaluable.

Good luck!

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