Received an email from a reader today...
. So now while I am in the process of working the procedures to get going on this there are a couple questions I want to ask. 1. I have bad credit and no money saved at this time and of course I'm working on this but, I would like to no if having the proof of customers purchase orders is just as dependable as money when fishing for a loan from a import/export loan company?
***No. I don’t think there is such a thing as an import/export loan company unless you mean EXIM Bank... and they are for Boeing and Microsoft, not you. If you need money, but have no money saved at this time, then change that. Save some money. You will likley find that the amount of money you need to save enough to get to Milestone #3, is not very much money.
This business is about lifestyle, not money. To get from where you are now (bad credit, no savings) to where you want to be, may take some personal transformation. The best start would be to save some money. Which means change aeoound your income and outgo.***
2. Will a u.s. customs broker handle not only logistics but u.s. customs bonds for warehousing as well? Thanks for your time and patience and I hope to hear back from soon or later.
***Sure...***
1 comments:
He can always start very small --- find a supplier that will deal in small quantities and ship by Fedex. This can still be profitable if the product is compact / lightweight and the margins are still good. It's an easy way to get going.
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