Sweeney, Tim and Mark Geller. There are many to choose from. Begin writing a business plan. The typical sources of financing, such as banks or venture capital firms, are generally reluctant to loan money or invest in record label projects. Loans to record labels are highly speculative.
Banks are often reluctant to fund labels and bands because the chance of failure is so great.
Most labels thus start through loans from family and friends or by bands themselves. There are numerous ones to choose from. Each should have a section on writing a business plan. Writing one is also an excellent means of analyzing exactly how much money you need. Familiarize yourself with the different types of loans banks offer and the typical requirements for loan applications.