Today the world of finance is in turmoil over not enough money for current projects.  Consider the recent article posted on MSNBC, Credit crisis halting commercial construction Investors pull out of $5 billion project to build tallest building in Vegas.

In this article the Clise family in Seattle had to stop their project.

Clise Properties Inc. halted discussions with potential partners in April after it became clear that most investors wouldn’t find reasonable financing to develop the site with the company during a global credit crunch. Interested investors had to put up more than $600 million just to compete for the opportunity.

Again another large project failed in Las Vegas.

Last month, Australian gambling firm Crown Ltd. backed out of a $5 billion project to build Las Vegas’ tallest tower because of financing issues. The company held a 38 percent stake in the joint venture with Texas developer Christopher Milam and private-equity firm York Capital Management and will have to write off about $42 million related to the investment.

Boom Areas Turn Into Bust

In addition, the boom areas of a few years back are turning out to be busts.

Commercial real estate projects in Denver, Phoenix, New York and even Donnelly, Idaho, have run into similar snags, while developers in housing-bust markets like Florida and Southern California have axed smaller projects.

You Are Not Alone

So if you think you’re having a hard time getting the financing you’re looking for you are not alone.  The world of both public and private money is playing it very cautious these days.  They are taking a lot longer to evaluate any project, and they are really looking closely at the business plans and the areas to be developed.

What does this mean for your current projects?

Any project you are proposing for private money funding needs to really be air tight.  Make sure all your i’s are dotted and t’s are crossed.  Cover all the marketing plans with extensive research to show there will be a profit.  Have a white paper ready to explain how you’ll address any negative issues in your plan. Show that the principals in your plan really have the expertise and past experience to pull off the project.  And make sure your projected figures are conservative.

There still is money available for good projects that have the proper back up in documentation.  But the era of the “No Doc Loan” is gone.  Be prepared with full documentation and you still may be able to get the funding you’re seeking.

In terms of sources for funding our JV Funding Investor Network only requires a minimum of an executive summary and business plan to determine whether any investor is interested.  But after that point, you’ll need good documentation when you meet with an investor.

So if you’re still looking for funding, AccessToPrivateMoney can provide the opportunity to meet with an interested investor who may actually fund your project.

Over and Over and Over again I get questions about meeting fees and needing millions fast for some special reason to fund a project. The reality is that NO Private Money Investor or Private Money Lender will give you millions of dollars FAST. They’d be crazy to do so. And NO project is accepted without paying a meeting hosting fee.

Not all projects are accepted for submission. You need to meet certain criteria in order for your project to be accepted for consideration. See blog post for Private Money JV Funding For A Few Good Clients. Do You Qualify? for the kinds of projects we are looking for.

So Here’s The Deal

• If you CAN’T or WON’T pay any meeting hosting fees – BUZZZZZZ Game Over!
  Your project WILL NOT be placed before any investors in the Private Money Investor Network.




• If your project needs to be funded in less than 60 days, there’s no way this investor network would be able to fund your project.
  It just takes longer for everyone to check things out.




• If your project is in one of the NO Funding areas of the world, NO investor in the Private Money JV Investor Network will fund your project.
  It doesn’t matter whether other investors are funding there, it’s a great place to live, and you believe your project is the best in the world. It just isn’t going to happen.

The Basic Private Money Funding Requirements

1. You MUST pay meeting hosting fees – NO exception




2. Your project does not have to be funded immediately




3. Your project is NOT in a NO Funding Location

So if your project fits into any one of these categories, we’ll consider it. Otherwise don’t bother to send it in. You’re only wasting your time and it will not be accepted for Private Money JV Funding.

If this sounds harsh to you, please don’t take it personally. I want you to know the hard facts about what is required so that you can decide if this is the right option for you.

The reality is that there are hundreds of Private Money JV Investors looking for projects, and there is money available. But the JV Network Company we work with has certain requirements. If you can meet these requirements, you may get the JV Funding you’re looking for.

If you can meet these requirements, I am eager to help you get the money you’re looking for.

You have probably heard the phrase “there is no free lunch.” And that is true in almost any endeavor. For the Private Money Investor or Private Money Lender, finding a project to invest in requires a lot of work and many times a lot of up front expense.

For the person or firm looking for private investors to fund their project there is a lot of time and expense involved there too.

Private Investing Costs Money

So starting or expanding any project gets expensive for both sides. What does that mean to you? It means that “there is no free lunch.” You need to develop a good business plan. That costs either time or money or both. Then you need to find a Private Investor. That also costs time and/or money.

We at Access To Private Money work with a JV Network Company that has put together a Private Money Investor Network. This cuts down the time involved in finding the private investor. However, that company gets paid in 3 ways:

1. Investors pay a fee to be able to view incoming projects
2. Clients seeking funding pay a meeting hosting fee to meet with the investors
3. When a project is funded by an investor, the investor pays points on the amount funded to the JV Network Company.

What You Pay … And Where It Goes

To work with us at Access To Private Money to get your project funded you MUST pay the non-refundable meeting hosting fee to the JV Network Company before you can have an investor meeting. That fee goes to the JV Network Company to cover the costs of running the investor – client meeting.

Access To Private Money has NO control of the actual investor – client meeting, and the requirement for a fee by the JV Network Company. In addition, Access To Private Money cannot make that fee payment for any client seeking funding. And the meeting hosting fee cannot be paid as part of the fee due to Access To Private Money when the project is funded.

When and if the project is funded through the Private Investor Network you pay points to Access To Private Money on the amount actually funded. These funds come out of the money the investor is putting into your project at the time of closing the deal.

The amount of the meeting hosting fees is spelled out in the PDF file Joint Venture Funding Guidelines and Procedures which you receive when you request private money funding information.

When you’re looking for funding for your project from a Private Investor or Private Money Lender you have to be able to show the Private Money Investor that you know what you’re doing.

No one is willing to give away millions of dollars to someone who doesn’t have a Good Business Plan.  Just think about it.  If someone came up to you looking for millions of dollars for a great idea, wouldn’t you want to know a whole lot about that idea before turning over your money to that person?

Private Money Lenders Need More Than Good Ideas

A terrific idea is not a business plan.  Just saying you have a way to make a terrific return on the Private Investor’s money isn’t good enough.  The investors in the JV Funding Private Investor Network only need to see a Business Plan and Executive Summary to get interested in your project.  But it has to include enough detail to make it believable.

So what’s in a Business Plan?

Many people seeking funding ask me that on a regular basis.  Some even want me to assist them in preparing their business plan and executive summary.  So for those people who have their idea and have not put together a good business plan in good English, here is a reference of what needs to go into a business plan.

Entrepreneur.com describes a business plan as:

“Simply stated, a business plan conveys your business goals, the strategies you’ll use to meet them, potential problems that may confront your business and ways to solve them, the organizational structure of your business (including titles and responsibilities), and finally, the amount of capital required to finance your venture and keep it going until it breaks even.”

For more detail about what’s included in a business plan see the An Introduction to Business Plans article so that you’re prepared when you seek your Private Money Investor Funding.

Keep in mind that the more money you’re seeking the more detailed the plan needs to be to show the need for that money.  And if you’re seeking funding for a project in the multi-millions of dollars, you can get AccessToPrivateMoney for your funding.

When you’re looking for funding for a project, who do you think of as a “perfect investor?”

Well, when our banking system was in a bind they were looking for investors to help them out.  They needed money in a hurry.  So where did they go?

They went to where the money was outside the United States.  They sought out Sovereign Wealth Funds.  There are many reasons why they would do that.  But I found one interesting comment about these funds in the article by Tapan Munroe in his column Foreign funds rescuing banks which recently appeared in the Contra Costa Times.

In Tapan’s answer to his number 2 question “What are their objectives?” he mentions that they are “perfect investors.”

What Are Perfect Investors?

His criteria for a “Perfect Investor” is:

•  They have huge amounts of money.
•  They are passive investors.
•  There are no strings attached to their money, like a seat on the board or controlling interest in the banks.
•  They are equity investors and not making loans.
•  They are passive owners and not lenders.
•  They lose their money if the banks do not perform.
•  They share in the risks and rewards of the business.

This description seems to fit the private money investors that Access To Private Money deals with.

So, if you’re looking for funding for your project, wouldn’t it make sense to seek out a “perfect investor” and use a private money investor for your funding?

You can get this “perfect investor” advantage by using JV Funding through Access To Private Money.

When you want to get Private Money Joint Venture Funding, you need to have a meeting with the private investor who wants to fund your project.  At this point in the process you are dealing with a very interested person.  The private investor has already reviewed your material and has already said that they would like to fund your project.

So why have a meeting?

Now the private investor wants to know more about you than about your project.  Exactly who are you, and why should you be the one to make your project go to completion?  If you have included substantial information about your project, the investor doesn’t need to know more about the project.

The Investor Will Verify Your Facts

Sure, the private money investor will verify your actual factual data.  But now the investor wants to know about you.  Now’s the time to tell your story and create a friendly relationship with the investor.

There was a recent article in the Business & Technology section of the Contra Costa Times by Scott Duke Harris.  The article talked about Jerry Weissman’s “Coaching the perfect pitch.”  In the article there’s a quote “No one knows how to tell a story. And no one knows they don’t know how to tell the story.”

The JV Funding Investor Meeting Is All About Story

The JV Funding meeting is ALL about story, your story.  The investor wants to know your story.  The investor wants to know who you are.  Are you trustworthy?  If the investor is going to put millions of dollars into your project, he/she wants to be sure that the he/she has a good sense of who you are.

The 8 Hour Meeting – Not All Presentation

This is why a whole day is scheduled for the investor meeting.  It’s not so much about you presenting your project in PDF of Power Point.  The investor could easily read that. Instead it’s a time for the private money investor to get to know you  – who you really are.  It’s a time to tell your story.  It’s a time to be a real person, someone who the investor can feel comfortable dealing with and have faith that you will perform what you say you want to do.

The Relationship Bond

If you can be a real person and come across as trustworthy, you’ll probably get your funding, even if your project isn’t that strong.  But if that relationship of trust is broken in the meeting, then no matter how strong your project is the private money investor will not want to give you the funding.

It’s All A Matter Of Trust

If the investor can trust you, then just a hand shake would be good enough to make the deal, and the paperwork only backs it up.  But if you lose that trust in the meeting, no amount of paperwork can bring it back.  This is what makes JV Funding different from any other kind of funding.  And this is what makes the JV Funding Meeting so important.  It’s a time to win a friend and partner for your mutual benefit.  So prepare to meet a new friend and not just a private money investor.

I’m looking for clients who consider Private Money JV Funding as the option for funding, and not just an option for funding.

If you’re thinking that you’ll apply for Private Money JV Funding and also apply for other types of funding and see which comes in first, then do us both a favor and apply for the others and forget about Private Money JV Funding.

I don’t have time to deal with people who are not willing to go through the entire process to obtain their funding.  It’s a waste of your time, my time, the JV Network Company’s time, and the private money investor’s time.  None of us have that much time to waste.  The cost is too high.

There are too many people who are willing to go through the entire process to actually get their funds for us to waste time with those who don’t.

I’m looking for a few good clients who are serious, motivated, willing to go through the process, and willing to act quickly at each step along the way.  I can’t guarantee that anyone will get funding.  I can tell you that all the money you could possibly want for your projects is available. Success or failure is really up to you.

If you have a strong project, you present it well, and your information is actual and accurate, then the likelihood is extremely high you’ll get your funding.  The only guarantee I can make is that if you do not take action and complete every step of the process you will not get your funding.

If you need money now, and want money now, and are willing to do what it takes to get that private money, then go to www.AccessToPrivateMoney.com to signup and get your information to start the process.  When you review this private money information, you can determine whether this is really what you want to do.

Then, if Private Money JV Funding is the option to fund your project, begin NOW to get your project funded.