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Many new businesses look for some start-up capital. Even the most bare-bones of from-home online setups may need investors, even if it’s for the marketing alone. However, a lot of people are skeptical of going to banks and for good reasons. They often only lend out larger amounts and their lending criteria can be very strict. However, you don’t have to rely on them with the alternatives named below.


It requires a keen focus on money management and saving, but it is possible to entirely save the money that you need to start your own business. Of course, this means taking on all the financial risk for starting that business yourself. It may also be difficult for entrepreneurs who don’t have a lot of liquid cash to bootstrap a startup that’s much larger than a home business, but you should budget out the business plan to see how feasible it is.

Credit cards

If you’re looking for small loan amounts, the likes of which typically aren’t accessible from banks, then there may be nothing stopping you from getting that money from credit cards. However, it’s hard to deny that they tend to come with some of the highest costs of capital. In most cases, business credit cards such as those shown at https://www.nav.com/ should be used for revolving costs and not for so major an investment.

Online Loans

Some online loans get a bad reputation for a very good reason. However, overall, the landscape of online lenders like https://cardiff.co/ is a lot more reliable and trustworthy than you might assume. With online loans, it’s significantly easier to get small loans that might be better suited to small business needs, for instance. You still need to prepare an application and make sure you work to show your own reliability, but their demands tend to be less strict than banks.

Finding Investors

There are typically two ways of finding people to invest in your business. Both of them tend to come with the caveat that the investor will want a percentage share ownership in the business, which can mean ceding a portion of the gains and control. Angel investors are typically high net-work solo investors, who often lend their expertise along with their capital. Venture capitalists tend to involve multiple investors and less direct interference.


If you have a business idea that is particularly strong at eliciting an emotional response from the consumers you plan to sell it to, then it could be possible to raise your money entirely from your target market. Crowdfunding websites like https://www.kickstarter.com/ have seen plenty of successful launches of products and businesses. Furthermore, though you have to share some of the funds raised with the website, you don’t have to pay back any investors or creditors.

Every potential funding option for your business comes with its own strengths and caveats. Do your own further research into the options explored above and see which one works best for the business you want to start.


Image courtesy of / Link to Image – Pixabay License

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