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where is there money to loan for a new cruise business. My 1947 wooden monk only needs 5000. to be perfect?

This boat is beautiful its a 1947 wooden boat in great condition she needs head gaskets for the 120 horse diesel lahmann engine and a fresh coat of paint on the outside. The inside is red wood that is perfect. It has 3 levels and would be perfect for private partys down the snake river to the columbia river, i’m a single mom with a min. paying job so i don’t have any money to put in it left after buying it my partner passed away its located on the snake river in wa. state. If anyone knows of help out there it would finish my life long dream that i wanted and got at 48.

One Response to “where is there money to loan for a new cruise business. My 1947 wooden monk only needs 5000. to be perfect?”

  1. madrax says:

    I would offer a stake in your business to an investor or as for a loan from a family member or friend. Offer them a reasonable return on their loan with a payback date of 36 to 60 months. This really depends on your business model. Give yourself a grace period of say, 12 months before you make the first payment, and then go on a capital plus interest payment plan until you pay pack the 5,000 loan.

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