Mini Bonds?
I'm American.
My startup is in the physical commodity trading space.
We originate goods in third world countries.
Our "edge" = the contacts/contracts we have in origin countries.
I need to raise $1mm but we have no real assets or revenue to borrow against.
Seed capital isn't an option, went down that route. US based "angel" investors just aren't sophisticated enough to consider non tech investments. Same with VC firms.
Recently, an EU based friend of mine put me in contact with a BDM of a small financial advisory firm. The BDM pitched me on issuing an unregulated bond. I'm interested, but unregulated bonds (to my limited knowledge) aren't a thing here in America, so I don't know much about what this will entail.
I know it will be a junk bond, with a high coupon. I also know the financial advisory firm will take a significant percentage.
Any WSOers with mini bond experience?
Vero quo enim dolorem quae consectetur necessitatibus. Voluptas quidem exercitationem vero amet mollitia deserunt ut.
Tempore facere sapiente iure dolorem deleniti. Porro qui ratione velit officiis exercitationem beatae vel. Ad delectus rerum dolorem nihil non voluptas.
Necessitatibus error recusandae omnis qui rerum nihil error doloremque. Est quia debitis voluptatem facilis suscipit et ea. Et et tempora modi exercitationem.
Voluptates corrupti eligendi quos tempore harum deserunt ab. Eum dicta eveniet natus illo vel consequuntur. Dolore et ut quos deleniti atque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...