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New SME & Funding dating site to be launched

  • 13-04-2009 3:23pm
    #1
    YellowSheep
    Registered Users, Registered Users 2 Posts: 384 ✭✭


    Just read in the paper that there will be a new SME & Funding dating site to be launched called www.firstfunding.org on Tuesday. Cheers Oliver


Comments

  • #2
    MrMatisse
    Closed Accounts Posts: 1,743 ✭✭✭MrMatisse


    Seems like a great idea, pity its a u.k site, an irish one would be great, even an irish zopa.co.uk would be good


  • #3
    Sonnenblumen
    Registered Users, Registered Users 2 Posts: 5,834 ✭✭✭Sonnenblumen


    YellowSheep wrote: »
    Just read in the paper that there will be a new SME & Funding dating site to be launched called www.firstfunding.org on Tuesday. Cheers Oliver

    All very vague, website is poor and really lacking pertinent information. Approach is more loan shark than business angel. For a money lending deal, it has little or no refs to Financial Regulation, prevailing interest rates charged, size of loans available etc. It's also a UK based operation.

    Why would this be different to loan sharks?


  • #4
    byrne0f56789
    Closed Accounts Posts: 201 ✭✭byrne0f56789


    It's not going to help start-ups anyway. Equity financing from a business angel is the best way to go.


  • #5
    thebusinessshop
    Closed Accounts Posts: 14 ✭thebusinessshop


    There are websites in the Irish Marketplace that help SMEs to seek funding. What we find is that there are quite a number of private investors who have the capital reserves, and are willing to fund opportunities either as passive or active investors, but who are outside the usual Venture Capital and Large Investment Fund Groups.


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