What alternatives are there for funding a business?

There are a number of alternatives for funding your start up or growing business, although some may not be practical for you until the company gets further along in its growth. Here is a list of the types of options available for start up funding:

  • Self financing from the founder's cash assets
  • Investment from family and friends
  • Commercial loan from a bank or other lender
  • SBA loan from a bank or other lender
  • Lease financing, in order to acquire equipment such as computers and office equipment
  • Crowdfunding
  • Venture capital financing or angel/private investors
  • Financing from strategic partners

For more about funding alternatives, see our Open Business Library

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