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RICKnGRACE_LI_NY
Traveler


Joined: 04/21/01
Posts: 1410
Loc: Long Island, NY
Re: Grand Case updates -Calmos, La Villa [Re: Rasputin]
      #1747754 - 09/27/17 01:53 PM (67.86.221.25)

That's a great idea. Borrowing money from a bank may be difficult because there is probably not enough collateral. Selling stock even in small businesses would require some sort of legal registration, I would think. Not sure about Dutch and French legal requirements. Could be drawn up as a sort of venture capital arrangement where someone provides seed money in return for % of business. The lender assumes some risk hoping for a larger reward. Not quite a stock deal but not just pleading for money.

JMHO

--------------------
Rick and Grace


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pat
Traveler


Joined: 04/18/01
Posts: 11272
Loc: Brookfield, CT.
Re: Grand Case updates -Calmos, La Villa [Re: Rasputin]
      #1747755 - 09/27/17 02:12 PM (75.133.113.202)

Thank you, Raspy.

I know this won't be a popular position to take, but as one who runs her own business and takes ownership of the good and the bad that entails, I'm right there with you loud and clear.

And then there's someone like Jeannie Gee, the grocery pre-stocking lady, who has temporarily lost her own business revenues, and what does she do? She uses her time and business acumen not to mention her big heart and love of her adopted island home, and sets up a source to donate to all the people her donation proceeds will allow who are in need of basic groceries for their families. Along with Samaritans Purse and other all encompassing charitable organizations, I will donate to that happily and as freely as I'm able.

And lest my thoughts be misinterpreted, I want all our island friends and businesses to come back stronger than before and for those who would choose to help them, kudos to all of you, but I'm for basic needs of everyday people first.

--------------------
Respectfully,

pat



"Always keep your words soft and sweet, just in case you have to eat
them."


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sxmBoston
Traveler


Joined: 01/14/08
Posts: 222
Loc: Boston, MA
Re: Grand Case updates -Calmos, La Villa [Re: wilsonck]
      #1747756 - 09/27/17 02:12 PM (100.0.51.97)

Quote:

wilsonck said:
Calmos said their structures were uninsurable.




The question is were the building uninsurable or were the premiums too high for the insurance. Big difference between canít get insurance or wonít buy insurance.

--------------------
[url=http://www.TickerFactory.com/]

[/url]


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LBI2SXM
Traveler


Joined: 06/02/08
Posts: 2117
Re: Grand Case updates -Calmos, La Villa [Re: pat]
      #1747757 - 09/27/17 02:26 PM (73.112.165.173)

Quote:

pat

And lest my thoughts be misinterpreted, I want all our island friends and businesses to come back stronger than before and for those who would choose to help them, kudos to all of you, but I'm for basic needs of everyday people first.





Once again Pat, you hit the nail on the head!!!


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jazzgal
Traveler


Joined: 06/01/09
Posts: 2908
Loc: Portland, OR
Re: Grand Case updates -Calmos, La Villa [Re: pat]
      #1747758 - 09/27/17 02:28 PM (97.115.11.239)

Amen to your last paragraph!

--------------------


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ruralcarrierModerator
Moderator


Joined: 03/31/01
Posts: 12474
Loc: Ohio
Re: Grand Case updates -Calmos, La Villa [Re: Rasputin]
      #1747762 - 09/27/17 03:00 PM (24.209.195.61)

A smaller local independent restaurant near us wanted to expand. They have a loyal customer base and needed a minimal amount. They offered discounts and gift cards in exchange for people who chose to "invest" in this venture. It must have worked out as they are still in business, doing well and I have not heard of anyone unhappy or feeling they got ripped off.

Hey, if someone wants to give their last dollar to a business or a person, that is up to them but I do NOT get this GoFundMe for businesses who did not have insurance. Life is full of choices, sometimes you make good ones and sometimes you don't. If I make a bad choice, the last thing I would expect is for someone else to bail me out.

To each there own but I can (sadly) see a lot of disappointed people when this is all sorted out.

Once again, pat is spot on with her assessment as you are also.

--------------------
J.D.


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GaKaye
Traveler


Joined: 07/09/06
Posts: 11597
Loc: Peaceful Eastern North Carolin...
Re: Grand Case updates -Calmos, La Villa [Re: ruralcarrier]
      #1747791 - 09/27/17 06:14 PM (174.193.150.3)

Directed to no one in particular....

I'm not a big fan of the new GoFundMe mentality, but I have donated to three of those on the island. All three were businesses where we would have dropped a whole lot more, during our usual three week stay, than what I donated. All three were also funds that are doing more than just begging for help to rebuild their own businesses. These are folks who are offering free food to people who need it, are pitching in to help others who have lost everything, and who are more concerned with their staff than themselves.

I've always been a believer in personal responsibility, but I'm pretty sure nobody plans for the eye of a Cat 5 hurricane to hit their home. Even with insurance, recovery from that would be extremely difficult. I'm happy to help, even in a small way.

Edited by GaKaye (09/27/17 06:23 PM)


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Carol_HillAdministrator
Administrator


Joined: 08/01/00
Posts: 63376
Loc: Central Florida!
Re: Grand Case updates -Calmos, La Villa [Re: GaKaye]
      #1747801 - 09/27/17 07:48 PM (107.77.253.3)

Agree, on several levels..

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SXMWendell
Traveler


Joined: 11/27/02
Posts: 7051
Re: Grand Case updates -Calmos, La Villa [Re: Rasputin]
      #1747832 - 09/27/17 10:06 PM (97.86.200.99)

OR low interest government backed loans from banks to rebuild.

Wendell


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sxmmartini
Traveler


Joined: 04/16/05
Posts: 5573
Loc: Amityville, New York
Re: Grand Case updates -Calmos, La Villa [Re: SXMWendell]
      #1747850 - 09/28/17 05:06 AM (67.82.203.45)

Quote:

SXMWendell said:
OR low interest government backed loans from banks to rebuild.

Wendell




French side offering 3% interest on loans no credit check...

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