That is how I meet my ex-CFO. He told me that better to not go with IPO and nearly robbed me. However he opened me eyes on a true value of my company and currently I have to complete several more steps, which suppose to increase valuation significantly. Seems most feasible way to do it is bank loans, however local banks don’t to hear about me buying another company for 10M or to finance a new factory in India for 2M. Swiss banks easily giving me a 1M mortgage for office via email, but if I am asking same for factory abroad, nobody even want to talk about it.
Thank you very much for a valuable suggestion.
Did you tried to work with them before? What are they asking as collateral?
I tried personally with banks, but my ex-CFO were connected to family offices which were ready to provide a loan. However I found a conditions suspicious like: 50% shares as collateral, nearly 3 times larger amount of money, with 2 times shorter repayment date. For me it looked like a trap to take over my business.
As I mentioned earlier I am not looking for equity based investments. Business is profitable and growing steadily. With a loan I would be able to acquire other companies, what would rapidly increase my consolidated financial statements, which eventually would increase company valuation.