Our business model is based on IAAS. We have to keep investing in equipment that we rent out and always lack funding to purchase new equipment. We have come this far with private loans and fundings from friends and family which are for very short terms and majority of revenues and earnings go to repayment(since this are interest free and no additional monetary benefit is given so payments are extremely high). Where should I look and what terms should I expect ?
Started = 2008 Invest = $12000 Revenue = $40000
Year 2009-2010 Investment = $15000 Revenue = 72000
Year = 2011 New Investment = $175000 Revenue = 118000
2012-2013 Seeking Investment = $800,000 Expected Revenue = $400,000 Annually