how to get short-term capital like $20M for 1 month?

J

jason.miller.1968

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Anyone can share some experiences on how to get short-term capital like $20M for 1 month? Say, who shall I talk to? What is the usual term etc...

I have a solid trading PnL history and would need the short-term capital as collateral for 1 month.
 
jason.miller.1968 said:
20 Million

It is for an auction and though usually clears only 10% of bids but the collateral is high for the period of auction of about 1 month.
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Ostensibly you looking for some to take the risk on an auction win and subsequent resale. There isn't a lender on Earth that would take the risk for an coupon you'd be able to pay. 1M turn-around? Plz.
 
So you are saying I should find an investor instead of a commercial lender.

Could you educate me on what is the best way to find an investor for my situation? I feel my case is not a typical usage pattern for a capital of 20mm.

drownpruf said:
Ostensibly you looking for some to take the risk on an auction win and subsequent resale. There isn't a lender on Earth that would take the risk for an coupon you'd be able to pay. 1M turn-around? Plz.
More...
 
jason.miller.1968 said:
So you are saying I should find an investor instead of a commercial lender.

Could you educate me on what is the best way to find an investor for my situation? I feel my case is not a typical usage pattern for a capital of 20mm.
More...


Well yeah, no commercial lender could do it. Even with the assumed lien on the asset it's simply too much risk.
 
Have been in business for a while with a hedge fund but they do not have enough credit at this time.

So could you shared some thoughts on where to start the research on investors and calling?

Thank you very much.

newwurldmn said:
Build a business plan, do research on investors in the space, and start calling.

There are guys who invest in that stuff.
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jason.miller.1968 said:
So you are saying I should find an investor instead of a commercial lender.

Could you educate me on what is the best way to find an investor for my situation? I feel my case is not a typical usage pattern for a capital of 20mm.
More...

Put together a business plan.

1245
 
Find a hard money lender with deep pockets. If there is money to be made in the deal they will lend with no down payments or credit checks. The downside is if it is good enough they will run you off and take your ideas. But then again, you had no business being involved in the first place.
 
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