23 junio 2015
Top 7 Ways to Raise Small Business Startup Financing
Among your options are loan programs such as the 7(a) Loan Guarantee Program which provides loans through banks whereby the SBA acts as the guarantor. There is also the Micro loan program for loans up to
replica Michael Kors handbags $35,000. For these loans the borrower goes through intermediaries, nonprofits that are not banks. Micro lenders also get funding from foundations and corporations, and are more likely to loan money to start ups than banks are. The SBA has a new loans program called Patriot Express, for veterans, military members,
Michael Kors handbags outlet their spouses, and others. Loans are available up to $500,000. Venture capitalists invest millions of dollars
Michael Kors discounts often to technology related firms. Also consider investors who are wealthy individuals
Cheap Michael Kors handbags that want to invest in a new business venture. Networking and a bit of research may provide you with a list of contacts.
Michael Kors handbags outlet the most common resources for small business start ups are the people closest to you. While asking your family and friends for a loan or investment in your startup may be uncomfortable, it may be a very wise investment on their part and an economical option for you with lower interest rates. Keep your friends and family loan as professional as possible. Create a business plan, demonstrate how you intend to market, profit, and provide a reasonable estimate of revenue. Resources are available online to help in this process.
Grants and Government resources.