Trying to finance a expansion project here at Redgum Village in Dandaragan is proving to be a interesting experience.

Banks want so little risk that they are shying away from what we need to do, for they struggle to see guaranteed business income in these uncertain times.

Sure I can see where they are coming from but we have a great business here and we need to get it up to the next level, and that involves borrowing money.

We could look at selling a share of our business to get a cash injection, thats a possibility, with obviouse pros and cons.

We could approach less secure type financers that command extreme interest rates, which has its pros and cons too.

A idea I will persue is advertising a fair interest rate and offer a % of our business as security to a person or group that can see outside the banking criteria and can see the future potential in Dandaragan West Australia.

With banks offering low returns to money in the bank and a fiar amount of people hiding there money for there own reasons, we may be able to get into a win win situation.

After all we can prove we have a strong business and the current major backer has only a 60% debt ratio, so that in itself opens up a chunk of equity to a smart investor that has vision and knows the area we are in and what the future here has.

There is 3 fruit orchards approaching full harvests, two large Olive plantations that are processing fruit.

We are within 20kms of a large mineral sands mine that does not rely on China and co and actually has 13 or more properties for there product, the main one being a paint pigment.

There is a large privately owned and built abbotoir near by with contractors and permanant staff.

To top it off the new gas field that id now drilling nesr Wathroo, its next big field is right here in Dandaragan.

We also have now 4 major spud farmers diversifing and using there water licences.

The mining of fertiliser is now on the cards since the price of fert. sky rocketed last year and although is not confirmed, mining will begin on that soon.

We are suppose to be in a economic downturn and yet all the above projects are not closing down for that reason.
They will operate and continue to operate for a long time to come.

If a investor can see these opportunities, now is a good time to be investing in some form of business in this area.

Now back in the old days the people that made a lot of money in a gold rush were the people that sold the picks and shuvvels.

Well we supply food and accommodation and a training room to the companies and people that are needed to operate all the above projects, so let us drive forward and get the Redgum Village up to speed and have the expansion we need.

And finance it to people that can appreciate what is happening here and everyone turns into a winner, especially in these so called tough times.

Cheers

Evan Bradshaw

Owner Redgum Village.