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Financing Casio / Online Gaming Startup
Posted by: Nicol (---.range86-159.btcentralplus.com)
Date: March 7, 2008 05:55AM

Just a quick question for you guys.

How do the banks react to funding this sort of start up?

Assuming business plan was solid and there was a good market for the product.

Kind regards in advance.

Re: Financing Casio / Online Gaming Startup
Posted by: Mcluhan (207.200.138.---)
Date: March 7, 2008 06:02AM

500% impossible. They will not look at it.

Re: Financing Casio / Online Gaming Startup
Posted by: Nicol (---.range86-159.btcentralplus.com)
Date: March 7, 2008 06:06AM

Any reason as to why they will not look at it?

Re: Financing Casio / Online Gaming Startup
Posted by: AndySS2 (201.200.64.---)
Date: March 7, 2008 11:37AM

I would not assume that it is impossible. A traditional bank asses risk, and since gambling ventures are considered a high risk venture, they would instead look at you to post collateral for any loan.
Since you are probably outside of US, then yes, it's a possibility, but you would loan money with your own financial identity and assume all liabilities of said loan.
Casino/Gaming or any other business loan without collateral is very hard to get to start up any company. If you loan the money and post collateral, then I don't see why not.


Re: Financing Casio / Online Gaming Startup
Posted by: JerryG (---.dsl.ltrkar.swbell.net)
Date: March 12, 2008 11:44AM

>> How do the banks react to funding this sort of start up?

It is probably possible to get start up capital from them, as long as you walk through the door with a mask and gun rather than a business suit.

Global Gaming News

Re: Financing Casio / Online Gaming Startup
Posted by: Mcluhan (207.200.138.---)
Date: March 12, 2008 06:15PM

LOL...now that was the right answer... too funny. @#$%&

Re: Financing Casio / Online Gaming Startup
Posted by: saintdev (202.163.208.---)
Date: March 25, 2008 07:05PM

a regular bank? 100% you will not get from them...
but, a private bank, a private investor... maybe :)



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