Simple Ways Of Raising Thousands Of Dollars In Hours

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Simple Ways Of Raising Thousands Of Dollars In Hours


Your Lucky Break - But Can You Afford It?

You've just seen the chance to put together a great deal for yourself -
a "can't miss" new business, a chance to invest in someone else's,
or you've found the ideal property on which to build your new home.

But you need $10,000 cash, and right away! Could you raise it
overnight? Could you raise it at all? Actually, it's easier than it sounds,
and if you can't do it right now through the ways we'll show you, then you
should start making preparations so that, when your chance does come, you
will be able to raise the money overnight and take advantage of some terrific

Raise $10,000 in 24 Hours!

As a person who believes in getting the most out of life, we assume you
already have several national credit cards which enable you to buy things
when you want them even if you're temporarily short of funds. But did you
know that these same credit cards, nearly all of them, also allow you to
"buy money!".

The "cash advance" privilege that these cards extend is the
best way to raise the cash you need, immediately, and with no questions
asked! If you have reasonably good credit, your credit limit on each of your
credit cards should be $500 to $1,000 at least, with American express often
giving a $2,500 limit, and if you have ten cards with this cash advance
privilege, each with a $1,000 credit limit, you can simply go to the banks
involved, and draw out your $10,000!

If you don't have them you may not realise that it's possible to have
ten credit cards that offer cash advances, but you must remember that
different banks sponsor different cards, and they all want you to use their

For example, you can have a Visa from Chase Manhattan, and another,
separate, Visa from Bankers Trust, plus a Master Charge card from Citibank,
and a second Master Charge card from Chemical Bank. The possibilities are
numerous, and you should take advantage of them for this is certainly the
easiest way of raising cash quickly.

If you don't hold these cards now, then you should begin to establish
the credit that will enable you to get them in the near future, so you will
have the reserves available when you too need to raise cash quickly.

Top of the Line - the T&E Cards

Aside from the no-fee cards like Master Charge and Visa, there are also
the travel and entertainment cards like American Express, Carte Blanche and
Diners Club. These cards charge a yearly fee for holding them, and are more
difficult to get (your annual income and your credit standing must be
higher), but the amount of cash advances they allow you to draw on are
higher, running as high as $2,000 or $2,500 each. American Express even
offers a Golden American Express card, which many business men use, which
allows them about $5,000 of instant cash immediately!

Another Sure-Fire Way to Get Cash Fast!

Most bank accounts today, and yours is very likely to be among them,
come with automatic overdraft arrangements whereby you can write checks for
more than the balance you have in the bank, and the bank will honour them
merely automatically adding loan money to your account, and charging you the
interest due for that loan.

In effect, this is an immediate and automatic loan to you, without any
current credit check - which is especially handy if, at the moment you need
the money, you happen to be unemployed, and planning to start a new business,
which banks sometimes look upon with disfavour, and refuse to loan upon until
you're big and successful!

So go ahead and write a check for the full amount that you're allowed
to draw upon, which is seldom less than $1,000, and which, in some banks goes
to $5,000 or more.

If you're lucky enough, or provident enough, to have established two or
three bank accounts while you were in the chips, each with its
"ready-credit", "check-credit" or
whatever-they-choose-to-call-it provisions, you can, of course, really cash
in on this one, completely legally, and amass enough capital for your new

Blood is Thicker Than Water!

If you're stuck for sources for capital, or at least for sufficient
capital for the business you have in mind, give some careful thought to whom
you could ask to help you. Almost all of us have a favourite relative or two,
and, if we're lucky, at least one of those may have money.

Of course it's nice if he or she has loads of it, we all like to have a
rich uncle, but even if the amount is not enormous, perhaps you'll succeed in
persuading one or more of your relatives that they should help you, from
whatever they've got put by for a rainy day. Mother, father, uncles, aunts,
brothers, sisters, even cousins - try'em all where there's any chance at all
they might have some bread stashed away, and might spring some loose for you.

If your relatives are friendly to the idea, but they want to hold on to
their funds, don't overlook another neat idea - one of them can co-sign with
you on a bank loan, and this almost always ensures that your bank will go
along with a loan that they might otherwise have refused, or give you a loan
for a much larger amount than they would have granted you yourself on just
your own personal credit.

It's really no skin off their back, just so long as you keep up the
payments on the loan. Of course, co-signers are not restricted to relatives.
You can have your best buddy, or your girlfriend or a fellow employee co-sign
for you.

Don't Forget Your Friends!

Sometimes we don't realise that we're lucky enough to have some good
friends, who, in a case of this sort, might be willing to come through with a
loan for us.

Insurance Policies Can Do More Than Just Protect You!

Depending on the type of life insurance policy you now hold, and
especially if you've had it for a number of years, you may be eligible to
borrow against its "cash value". In most cases, this money is
available to you at a very low rate of interest, and also, generally, you can
keep the money out, providing you pay the interest, without having to repay
the principal at any set time.

Another Hot Idea for Raising Cash!

If you're buying the home you're living in, and have a conventional
home mortgage, you may not realise that if you've been paying down the
mortgage month by month for a number of years, you have a considerable equity
built up. In addition, your house may now be worth more than you originally
paid for it.

Therefore, either your present bank or another may be willing to
refinance your mortgage, which will provide you with a chunk of available
cash with which you can capitalise your new business. One advantage of this
scheme is that you will most likely not increase your monthly payment by very
much, perhaps it will not increase at all (although payments may extend for
additional years at the distant end). and thus you will not have a heavy loan
repayment schedule added to your obligations early on in the beginning of
your business.

Besides the possibility of refinancing the original mortgage on your
house, there is another way of using the equity you may have in your house -
you can get a second mortgage, either from a bank or from professional
lenders. One reason why you might go the second mortgage route would be if
your first mortgage was written at a very favourable rate of interest (such
as 5 1/2% or 6%) which you would not be able to match on your refinanced
mortgage, and consequently you would not want to refinance the larger
principal amount.

A Windfall May Be In Your Attic!

Have you considered, while you're looking around for sources of cash,
what you have right in your own home? Some of those heirlooms, paintings or
other antiques which you or your wife may not care for, and which you may
have stashed in the spare room or the attic, may be worth a lot of money, far
more than you have ever imagined. Get them appraised, show them to a
knowledgeable dealer or a friend who's an antiques buff, and find out if
you're sitting on a gold mine that you never even knew existed!

Collect What's Due to You!

Do you have some friends to whom you have loaned money in the past, and
who have not yet paid you back? Or are you owed money for services rendered
of one sort or another? Or does an ex-employer still owe you sick pay or
vacation pay that he has not paid you? Don't let these things lie any longer
unpaid - you need that money now! Put on the heat, make some urgent phone
calls, write a few letters. For most collections, the Small Claims court can
be a great help.

For collecting from your employer, your best bet is the U.S. Dept. of
Labour, Wage and Hour Division, which will almost certainly have an office in
your city. If your claim has merit, they will make sure that you receive
what's due you.

Summary and Recommendations

All of the many suggestions contained in this Report should certainly
get you the capital you need to start your business. Of course, you can
combine two or more of the methods if no one alone will provide what you're
looking for. And although we've not specifically mentioned it, don't forget
that regular commercial banks (not savings banks, they're not allowed to)
will sometimes make loans for the establishment of new businesses if the know
the borrower from past experience, and see a potential in the proposed

Don't assume they will say no, and so don't ask them. You'd be
surprised, they may just say "yes". They're particularly likely to
lend you some of the money you need if you've already proved that you can
raise money and that you have the majority of the money you need. For
example, if you've raised $10,000 already by other methods, they may come
through with an additional $3,000 for working capital.

It's a fact that in raising money, the more you seen to have, the more
people will be willing to lend you, so once you've begun to make money based
on your initial $10,000, you will find it easier to borrow more to keep you
business or other new venture going.

While not all of the ideas in this Report can really be worked out
overnight, once your foundations are laid, in credit, in relationships with
relatives, friends, venture capital and government sources, it is easy to
raise funds when you need them, from people who have learned from experience
that you're a good businessman to lend to!

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