Sydney Capital began as a means to make micro loans to those who were not bankable. We made loans to formerly incarcerated non-violent offenders, people who just had bad things happen in life, and former homeless folks on the mend with good ideas and a small market to serve. Our loans ranged from $1,000 to $25,000 and were for various small ventures: car wash, detail shop to clean cars, small used car dealership, landscaping and lawn care, a painting contractor, the dream of a studio for a would-be rap producer which was high risk high yield, and more. About 35% of these projects succeeded. Sydney Capital did not seek equity but only return of principal and interest. In hindsight with Lessons Learned, we believe a much larger percentage would have succeeded had we controlled the cash-flow, instead of naively making unsecured bets alone.
We are currently involved in coffee, whiskey, cigars, and energy drinks; including some export from Europe and import to Uganda.
Residential Down Payment Assistance for those with everything in place but disposable cash on hand. It’s not normal to have that kind of cash anyway.
Exploring and developing relationships and strategic partnerships with community agencies, groups, companies and schools to create avenues for both short-term and long-range workforce development opportunities.
For a healthy return right out of the gate, support acquisition and promote growth through leading companies in their communities that pay it forward.