Private money is still out there. There’s a group, First American Financial Management Co., in Charlotte looking for small banks. They recently bought Community Bank of Rowan last week for about $16 million.

So, if you have the right kind business opportunity you can find private investors interested in funding your business. 

Tony Plath, banking and finance professor at UNC Charlotte, said that private investors usually wait until the banks hit bottom before they invest. Right now private-equity groups are beginning to get into the banking community, and that’s an indication that the recession is reaching the bottom.

For more information see Charlotte private-equity groups on the hunt for small banks.

If you think that private money could help your business, then  Access to Private Money may be able to get you to funding you want.

Private Money always finds a place to go. Private Investors look for places of high return to place their money, and they also look for highly appreciating assets. Investors are wondering how the “Cash for Clunkers” incentive program will affect the value of their vintage cars. Actually, if many people turn in their old cars, then vintage cars will become more valuable.

If you’re interested in vintage cars, check out the current news article in the Examiner “Exotic Cars 101: How will ‘Cash for Clunkers’ affect or apply to vintage exotic cars?” which talks about how President Obama’s new “Cash for Clunkers” will affect the vintage or exotic car market. It’s notable that the “Cash for Clunkers” program only talks about “old cars” and “gas guzzlers” rather than vintage, antique, racing, performance, luxury, limited edition, exotic, classic, collectible, or sports cars.

So there still may be a business in restoring vintage cars and attracting private money.

If you’re looking for private investors consider what Access To Private Money can do for you.