Which will grow your profits letting them sit in your bank or lending it to another company for the terms and interest you want?

Cracker Boxing is a form of private lending that eliminates the dependency on banks and other lending institutions for the financial survival of a company. It allows two companies, one that have the funds to lend and the another seeking funds, to work out their own repayment terms and interest rates. This is a great way for companies that are profitable to become more profitable while helping another company expand

This type of funding is not for every business but it is worth considering when other means of raising funds fail. What is needed is a company willing to supply capital and another needing capital. No magic just commonsense.

Both parties should be very clear about what they are willing to provide, at what interest rate, what dates the payments are to begin and end, types of payments (weekly, biweekly,monthly, bimonthly, quarterly, you decide), if collateral is required be specific what type of collateral.

Here is how it works. You complete the form either as a borrower or lender. EFA will fax you a fee agreement (an agreement for which we receive payment for our services) which will need to be signed and faxed back to us. We then set out to find other companies that would be a match. Once the match is found an email will be sent out to both companies describing their potential matches and their terms for doing business. This is where the negotiations begin. No one is legally bound to do business with another until a contract has been signed binding both parties. Until then companies can turn down any offers or choose not to form a Cracker Box.

Lenders will be required to provide proof of funds to EFA before borrowers will be matched to them.

CURRENTLY WE ARE AT OUR LIMIT AND ARE NOT ACCEPTING NEW PARTICIPANTS AT THIS TIME!

1.Company Name
2.Company Address
3.City/State/Zip
4.Company Phone Number
5.Company Fax Number
6.Email
7.Contact Person First & Last Name
8.Which are you?	LenderBorrower
9.If lender, how much could you lend?	$20K - $50k50k - 100k100k - 500k500k - 1MM1MM - 5MM5MM - 10MM10MM - 50MM50MM +
10.If lender, what type of business would you like to lend funds?	ManufacturingIndustrialRetailDoes not matter
11.If lender, how much interest would you charge?	1% - 3%3% - 5%5% - 10%10% - 15%15% - 18%
12.If lender, loan maturity.	7 - 14 days14 - 30 days2 - 6 months6 - 12 months1 - 2 years2 - 4 years4 - 6 years6 - 10 yearslonger than 10 years
13.Do you require collateral?	yesno
14.Type of collateral?	Real estateEquipmentInventory
15.If borrower, type of business.	ManufacturingIndustrialRetailother
16.If borrower, describe your business.
17.If borrower, what did your business earn last year?
18.If borrower, how will the loan be used?
19.If borrower, how long will you need the loan?	7 - 14 days14 - 30 days2 - 6 months6 - 12 months1 - 2 years2 - 4 years4 - 6 years6 - 10 yearslonger than 10 years
20.If borrower, business plan attached (PDF format only)
21.Explanation to answering "other" in #10
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