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| | The Start Up Companies Seeking Funding -Look Here Network is not currently active and cannot accept new posts | | Funding for Start Up or Expansion | Views: 1423 | | Jul 31, 2008 5:16 pm | | Funding for Start Up or Expansion | # | 
Diane Glatfelter | | 100% Business Financing In Exchange
For Stock in Your Company
Loan Amounts:
$1,000,000.00 to $2,000,000 USD
Available for:
Start-ups and Expansion.
Requirements:
Must be a corporation. LLC's are not allowed. You must be willing to give up shares of your company’s stock. They typically like companies to have at least 50 million shares, but this not necessarily disqualify you if your company does not have that much.
Amount of shares you must exchange:
Depending upon the business type and length established, 10 to 30%.
How quickly can funds be provided:
Typically 6-8 weeks after approval.
What is needed to begin process:
Executive summary and/or business plan, along with all other relevant docs.
Who qualifies:
Any corporate business that can be viewed as viable on a worldwide scale. Most attractive are technology, Internet, medical, and any type of alternative energy projects.
Biggest advantage of Program:
It costs you "NOTHING" to apply! If your business is not accepted, you have lost nothing out of pocket.
The Program:
Our Source works with a long established American financial corporation that is currently partnered with two German investment firms. Your business is presented to these two firms for consideration. If approved, they will propose to list your company on the German Open Market (Frankfurt), at their expense in exchange for stock in your Company. The process is very effective for attracting $1,000,000.00 to $2,000,000 USD. The Partners will spend nearly $165,000 (110,000 Euros) of their funds to accomplish the mission.
What is the German Open Market? The regulated unofficial market, which is organized by Deutsche Börse on FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), has been renamed to “Open Market“ with effect from 10 October 2005. In addition to the Regulated Market, the Open Market represents the second German market segment regulated by law. However, in contrast to the Regulated Market, the Open Market is not an official market segment, but governed by private law. A stock exchange may choose to provide this type of segment in accordance with article 57 of the Stock Exchange Act (BörsG), if the securities included herein are neither listed nor included in the Regulated Market and as long as orderly trading and business conduct can be guaranteed. Besides German shares, mainly international shares, bonds of German and international issuers, certificates and warrants are traded on the Open Market. Shares from more than 60 countries are listed on the Open Market
Diane Glatfelter
CEO
K2 Unlimited Inc.Private Reply to Diane Glatfelter | | Sep 05, 2008 12:13 pm | | re: Funding for Start Up or Expansion | # | 
Vijay Shukla | | Hi,
I need funding for my startup venture vidhyasoftech.com . we are into IT solution, training and software development services.
Please suggest us how we can get your approval.
Thanks and Regards,
Vijay ShuklaPrivate Reply to Vijay Shukla | | Sep 16, 2008 11:45 am | | re: Funding for Start Up or Expansion | # | 
Harsh Mittal | | we are into Telecom Network Equipment.
please give your email id, so that we may mail our business plan,
thanks
Harsh Mittal
India
+91.9811036630Private Reply to Harsh Mittal | | Sep 23, 2008 5:31 am | | re: Funding for Start Up or Expansion - CONSIDER CAREFULLY FIRST | # | 
Nicholas Tee | | Diane,
Could I please ask you to comment on the posts attached to these links which level accusations against you and companies that you are associated with?
http://www.ripoffreport.com/reports/0/284/RipOff0284787.htm
http://www.scam.com/showthread.php?t=17787
http://www.ripoffreport.com/reports/0/318/RipOff0318730.htm
If you can explain and provide further details about what appears to be widespread fraudulent activity, it would be creatly appreciated.
Regards,Private Reply to Nicholas Tee | | Oct 01, 2008 5:23 pm | | re: re: Funding for Start Up or Expansion | # |
Diane Glatfelter | | The Basics
A qualifying company can borrow up to a minimum of $100,000 with virtually no maximum and it is nonrecourse, meaning it doesn’t have to be paid back.
FEATURES OF THE LOAN
• The loan will be made in U.S. dollars and it does not have to be paid back.
• All our institutional investors/lenders are U.S. and North American based.
• All transactions are private placements.
• There are no transaction or legal fees.
• Use of Funds is not of paramount importance although we must comply with the U.S. Patriot Act.
GENERAL LOAN PROCEDURES
We are direct private consultants who have long standing contractual arrangements with many of the world’s largest Investor, merchant’s banks, trust and pension funds, hedge funds, private, corporate and institutional investors who can provide funding to any amount, anywhere in the world, for Commercial projects of any type. The minimum amount to be borrowed per project is US $100k to Billions.
Commercial mortgage loans, 0% to 10% down commercial financing, 100% loan to value, any project, any industry, are eligible, flexible deal structuring, no personal credit required, with only 0% to 10% down, 100% LTV, funding all phases of project. Investors are looking for strong projects worldwide, project needs to make sense.
We can take any type of legitimate project whether it is commercial real estate projects, casinos, mines, alternative energy projects, oil and gas projects, international projects, business capital financing, and just about any other legitimate, verifiable project that shows a benefit to the community.
Worldwide Project Financing, Corporate Finance Mergers & Acquisitions, Shopping Centers, Office Blocks, Medical Centers, Government & State Loans Business, Equity Loans, Construction & Development, Educational Buildings, Loans to Banks, Financial Institutions, Airports, Refineries, Power Plants, International Ports, Project Financing, Bridges, Roads, Pipelines, Hotels, Motels, Condominiums, Resort Developments, Film Funding, Industrial Business Centers, Commercial & Office Complexes, Retirement Nursing Homes, Medical & Environmental Facilities, Energy Projects, Chemical Plants, Oil Pipelines, Industrial Business Centers, Development General, Construction Low Cost Housing, Development or Acquisition Financing, Ship & Aircraft Financing, Factory or Industrial Projects, Schools, Hospitals Government Buildings, Communication, Venture Capital, Resort Centers, Theme Parks, Marinas Dams, Energy Facilities, Golf Courses, Real Estate, Casinos, Equity Finance, Structured Finance, Infrastructure, Development Project, Finance General, Joint venture partners, venture capital Global, Debt loans, Hard Money.
Obviously, there can be many different situations where one may benefit from this type funding. To further help you in understanding and appreciating this method of funding, below are some examples reflecting actual transactions.
Development of Entertainment Resort
A small company in the Southwest would like to build a world class entertainment resort that will cost over 100M. Challenge is that they are lacking the capital needed. The land alone will cost well over 9M. They have interest by an investor for the build out of the project, but need to secure the land in order to secure that funding. For this transaction to be consummated, the small company would have to make a down payment of 30% (or 2.7M) in order for a bank to consider loaning the funds. The small company cannot meet the down payment requirement and would have difficulty if the payments relating to the loan balance were to begin immediately. As a result, this deal would not happen. Now let us introduce the funding concept referred to above.
Proposed Scenario:
Client tells us that they only have 200k cash. With a down payment of 200k, we can obtain a loan via our Investor group, whereby the client would receive a nonrecourse loan for 1M in 30 days. Since the client still needs more than 1M for bank financing, the client can put a down payment of 1M again and the client would receive a second nonrecourse loan for 10M in another 30 days. The client can then purchase the land outright for 9M and take the remaining funds and go back in with 1M and obtain another 10M nonrecourse loan. Client can continue to do this until all their funds are obtained in order to fund their entire project, receiving new funds for their project every 30 days.
Recap:
200k down payment gets a loan of 1M in 30 days
1M down payment gets a loan of 10M in 30 days
10M down payment gets a loan of 100M in 30 days
So in 90 days, all funding is obtained for the project and it is nonrecourse, thus never has to be paid back.
Start Up Restaurant
A small company in the Midwest already purchased a restaurant, but requires an additional 100k for equipment and working capital. Their goal was to open several other franchises after the first one was up and running and successfully making money. The challenges are:
1. The client’s credit is terrible, so the client is not eligible for an unsecured loan, nor a business loan since personal credit would have to be over at least 680 credit score.
2. The client already borrowed from family and friends to purchase the franchise so they have no other resources, nor collateral.
3. The business hasn’t started generating income so getting a cash advance against credit card receipts is not an option.
4. The equipment is already highly leveraged, thus the client is not able to obtain an equipment lease back.
As a result, this deal would not happen and the client would have already wasted all the funds invested in the franchise.
Proposed Scenario:
Client tells us that they only have 25k cash. With a 25k down payment, we can obtain a loan via our Investor group, whereby the client would receive a nonrecourse loan for 100k in 30 days. Client can continue to do this until all their funds are obtained in order to fund their entire project, receiving new funds for their project every 30 days.
Recap:
25k down payment gets a loan of 100k in 30 days
25k down payment gets a loan of 100k in 30 days
25k down payment gets a loan of 100k in 30 days
So in 90 days, the client would have 300k to fund their entire project and it is nonrecourse, thus never has to be paid back.
Need to Raise Down Payment for Residential Loan
A person in the Northeast found the perfect house for 850k. His bank said they would consider loaning him the money if he had 20% (170k) to put down. The challenges are:
1. The client’s credit is at a 700 credit score, but his debt to income ratio is out of range for the bank to finally approve him.
2. Since the client’s credit score is 700, but his debt ratio is too high, the client is not eligible for an unsecured loan,
3. The client already borrowed from family and friends and he still owes them money.
As a result, this deal would not happen and the client would lose out on a fantastic home of his dreams.
Proposed Scenario:
Client tells us that they only have 25k cash. With down payment of 25k, we can obtain a loan from our Investor group, whereby the client would receive a nonrecourse loan for 100k in 30 days. Client can continue to do this until all their funds are obtained in order to fund the entire cost of the house if he chooses.
Recap:
25k down payment gets a loan of 100k in 30 days
100k down payment gets a loan of 400k in 30 days
400k down payment gets a loan of 1.75M in 30 days
So in 90 days, the client would have 1.75M to fund their entire home plus some and it is nonrecourse, thus never has to be paid back.
Documents Required:
• Client information sheet
• Proof of funds for down payment
• Application & Executive Summary (for projects greater than 1M)
• NCND
• Fee Agreement (3%)
Q&A
Q. Where does the down payment go?
A. Down payment is sent to the Investor Group’s attorney’s escrow account.
Q. Is there any chance of losing my down payment?
A. No. If funding does not take place, the down payment is returned.
Q. Is there any particular type of project that the Investor Group likes?
A. As long as the project is solid and the principals have a solid background, the Investor group will entertain the project for funding.
Q. Is there a credit check required?
A. No, since it is a nonrecourse loan.
You can email me at diane@k2unlimitedinc.comPrivate Reply to Diane Glatfelter | | Oct 01, 2008 5:42 pm | | re: Funding for Start Up or Expansion | # | 
Robert Johnson | | A non recourse loan does NOT mean it doesn't have to be repaid. Private Reply to Robert Johnson | | Oct 01, 2008 5:46 pm | | re: re: Funding for Start Up or Expansion - CONSIDER CAREFULLY FIRST | # |
Diane Glatfelter | | Sure, I can comment about anything written about my firm.
There was a situation whereby we introduced clients to a collateral provider and lender. We presented the client's project and it was accepted by the collateral provider. We then went to a lender and presented the collateral and the project to a lender. It was accepted. During the processing time, another one of our large clients that we presented to the lender and collateral provider was discovered to have a fraudulent project. The lender rejected the larger project and refused to do any of the smaller loans with the collateral provider's collateral. This affected every single smaller client that we brought to the lender. The clients were left with collateral and no lender. We didn't have any other lender to send the client to that accepted the collateral. We recommended that the clients request their funds back from the collateral provider. Some of the clients received their funds back from the collateral provider and others did not. We never took any funds from the client for the collateral. The client sent their funds to an escrow agent for the collateral provider.
The information posted is by some of those clients that want their funds back from the collateral provider. We can 't obtain the funds back since we didn't send it to the collateral provider and we never accepted it ourselves, thus the client has to take the issue up with the collateral provider directly. We have no legal way to obtain the funds back for the client from the collateral provider.
There is other information posted by brokers who brought us clients. They are upset that they were never paid a commission and are blaming our firm for making the deal fall apart.
If anyone did research, they would see that the collateral provider is suing the fraudulent client and the fraudulent client has countersued not only the collateral provider, but my firm and many other firms that were introducing brokers. The 5th district court has awarded my firm a stay and granted abitration between my firm and the fraudulent client, thus we have been cleared of any fraudulent claims in the eyes of the court.
We have never taken anyone's money without providing a service.
The entire mess would never have happened if we didn't present a client that had a fraudulent project, which we had no way of knowing upfront since we are just "money finders", not a due diligence company.
Diane Glatfelter
CEO
K2 Unlimited Inc.Private Reply to Diane Glatfelter | | Oct 01, 2008 5:48 pm | | re: re: Funding for Start Up or Expansion | # |
Diane Glatfelter | | In this case it does. There is no loan payback. Private Reply to Diane Glatfelter | | Oct 02, 2008 11:21 am | | re: re: re: Funding for Start Up or Expansion - Great Idea | # |
Nicholas Tee | |
Thanks for explaining all the info.
The only one thing I would request is name of a person or company that can provide a reference on having successfully completed one of these transactions. And if that person does not want their name publicly released you can send it to me privately. If the borrower is still hesitant, then please provide them with the comfort that I will pay them for their reference.
I await your reply.
Many ThanksPrivate Reply to Nicholas Tee | | Oct 25, 2008 8:20 am | | re: Funding for Start Up or Expansion | # | 
E J | | The ultimate goal is to raise 1 million on the front end to expand on a national level and 5 million on the backend (private sector) for acquisitions, See Business map.Online meeting.To get the engine going and to maintain that engine we will need to aggressively market the NRSWORKS brand of services and products in our area, affiliate areas, high population areas and high foreclosure areas on a National level.Through all media avenues. We have business plan and projections. ROI and Gross profits can be worked out. We have serveral companies under contract and affiliates throughtout the nationa. For more details email or call.
email: info@nrsworks.com or 1-888-828-1835 ext 8001
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