Part 2 of a 3 Part Series
What exactly is an “angel investor”?
Entrepreneurs who launch smaller-scale enterprises know that commercial banks generally don't lend funds to ventures with little or no assets, customer base or sales track record. And venture capitalists typically work with business concepts that are already up and running with the potential for multimillion dollar revenues. Many of the owners of smaller firms have heard that “angel investors” can provide funding and even some much-needed expertise and referrals for these in-between business deals. So who are these people and what kinds of investment terms can owners expect?
|
“I've enjoyed working with Tom for the past few years. He and his firm is very personable, conscientious and professional. I have no reservations in recommending Tom.”
Larry Murrill |