Committing your own funds is often the first financing step. It is certainly the best indicator of how serious you are about your business. Risking your own money gives confidence for others to invest in your business. Loans and outside funding are two other ways to ensure that your business begins on a solid foundation. You may want to consider a partner for additional financing.
Banks are an obvious source of funds.
Other loan sources include commercial finance companies, venture capital firms, local development companies and life insurance companies. Trade credit, selling stock and equipment leasing offer alternatives to borrowing. Leasing, for example, can be an advantage because it does not tie up your cash. Click to view below more information on Loans or Outside Funding . Loans Loans can be acquired through a variety of resources.