Consequently, you should work closely with your accountant to estimate your cash flow needs. 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. You may want to consider family members or 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. This is not an easy question. These figures are published by several groups, and can be found at your library.