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Business Capital Locator data base service.

Business Capital Locator Data Base Service

Business Capital Locator, Dept. B-12,288 East Maple Road, Suite 188, Birmingham, MI 48009-6304, (800) 553-3077 or (313) 642-7405, FAX (313) 642-3091, $90 per year (businesses seeking capital, $50 per match and printout (investors seeking to lend capital).

This computer service is designed to match up the business capital needs of start-up, small, medium and large businesses with potential investors, lenders, license opportunities, merger opportunities and buyers of businesses. No computer is required to use the service. All inquiries and information is processed by telephone, mail and FAX. The sources of capital come primarily from private investors and private businesses who according to BCL, supplied more than 90% of the $40 billion investment dollars to new, entrepreneurial businesses last year. Businesses seeking capital fall into Client Group A. This group pays a one-time data base registration fee of $95 for 12 months with no further charges. To use the service, clients can call BCL for a free information/registration kit containing information on services, a listing of 4,300 different types of businesses in the United States and a registration form. Upon receipt of the form, the client is placed on the BCL data base and registered according to more than 150 selection criteria. Client Group B is comprised of clients seeking to invest or lend capital to Client Group A businesses. Group B is not charged for an initial search. A $50 handling charge is levied if a match is found and a printout requested. There is no charge is a satisfactory match is not found. Each business on the database is listed according to the type of business, maturity, amount of capital required, reasons for capital requirement, profitability, revenues, assets, real estate, cash accounts receivable, machinery, tooling, fixtures, vehicles, software, mailing lists, etc. Selectors for a specific geographic location are also available on a regional, national and international basis with locations specific to local ZIP code, city, county, state and country. BCL is not a business broker and does not charge fees or commissions that result from transactions between clients. Clients listings are held in strict confidence and never rented or sold. For businesses seeking capital for start-up, expansion or any other reason and for investors seeking those businesses to acquire, merge with or invest in, this service provides an international data base match for nominal costs.
COPYRIGHT 1991 National Society of Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:The National Public Accountant
Date:Oct 1, 1991
Words:395
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