New funding option launched: Commercial Paper short-term business loans for operating expenses

We’ve launched a new, innovative, and exciting addition to our business fundraising platform… Commercial Paper! Commercial Paper is ideal for existing businesses seeking short-term loans of $5,000 up to $1,000,000 for operating expenses or working capital.

Now, 40billion.com offers 3 alternative ways to raise funding for your small business: gifts & donations, private direct loans, and commercial paper short-term loans. Check it out, and start a Raise at http://www.40billion.com/raise_start.asp now.

Raise business capital from the people you know on 40billion.com

To your success,

-The 40billion Team

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COMING SOON: Short-term working capital loans, a.k.a. “commercial paper”

Short term business loans coming soon to 40billion.com

We’re busy developing an innovative new product to facilitate short-term “commercial paper” loans for operating expenses. This will be available as a new funding type and a great potential solution to the short-term liquidity problems of millions of existing small businesses in America.

What is commercial paper (CP)?  CP is an unsecured Promissory Note with a fixed maturity of 1 to 270 days. Think of CP as an IOU (i.e., “I owe you”), lasting from a day to nine months. It is issued to investors who have temporary idle cash and want to earn a decent return, perhaps even while helping out a friend/family member’s business with short-term liquidity (i.e., cash) needs to cover operating expenses or current assets.

  • By law, CP can be used to fund operating expenses or current assets only (e.g., buying inventory, making payroll, or other short-term cash needs). It is not used for financing fixed assets such as land, buildings or machinery, which are long-term assets.
  • CP is a quick, easy, and cost-effective way of raising working capital and can be a lower-cost alternative to a Line-Of-Credit (LOC) with a bank.
  • CP has been around since the 19th century and is typically used by big corporations to raise quick and low-cost working capital.

But we’re creating a 21st century version, and never before has CP been offered as a solution for small businesses in the way that we’ll unveil in just a few weeks.  Here’s a clue: It’s like Facebook and eBay for microfinance. Got it?  Stay tuned, and check out 40billion.com for more info and the big launch date!