Discuss funding options for small businesses.
Funding for a small business should be a small loan because it shouldn’t cost that much because it is a small business. I think started with a small business is better because just in case it doesn’t work out then the money you borrowed it is easier to pay back. [Debt Financing is many small businesses start up with loans. If you have good credit and are established with a bank, you may be able to get a small business loan from a bank that knows you. However, banks are often reluctant to loan to unestablished businesses. You can get around this by going through the federal Small Business Administration, which assists entrepreneurs with securing financing, including SBA guaranteed loans. When the SBA backs you for a loan, lenders' risks are diminished and they are more willing to lend. Equity is attracting investors is another way to get money. Selling a share of your business may mean you aren't solely in charge or won't receive all of the business' profits, but it can be a way to start or expand your business. Investors can be private, silent partners you may already know, such as family members, business associates and local entrepreneurs. Venture Capital is when you are looking to expand on a larger scale, venture capital can give your business the shot in the arm it needs. Venture capital also involves selling interest in your company, but instead of with individual investors, with a company or financing group dedicated to