Trying to find away to fund your business? Here's 10 ideas that may give you some hope.
1. Personal Financing- Save up to fund your own business
2. Personal Credit Lines- Borrow from credit cards
3. Family and friends- Offer them stock in the business for their investment
4. Peer-to-peer lending- Raise funding from people that support your idea
5. Crowdfunding- Borrow money in small of amounts from people in your niche
6. Microloans- Borrow from private companies and non-profits that offer small loans, up to $35,000
7. Vendor financing- Receive inventory from many manufacturers and distributors upfront and defer your payment for 30, 60, or 90 days.
8. Purchase order financing- PO financing companies will often advance the required funds directly to the supplier, allowing the transaction to complete and profit to flow to the startup.
9. Factoring accounts receivables- Provide cash on your sales immediately, rather than waiting for 30 to 60 days or longer for payment.
10. IRA financing- Investment Retirement Account funds and 401(k)s are arguably the single most accessible alternative funding source available today for startups.
.http://www.businesscreditamerica.com/
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