Obtaining funds for small and new businesses is no mean feat. The path is riddled with uncertainties, disappointments and in a lot of cases, a sense of dejection if one has ended up with more than their fair share of rejections.
That being said, the scenario is not all that gloomy. While one might feel like having exhausted all possible options, there are methods and options that can be explored to raise capital against a tangible business idea or for the growth of one.
This is where small business funding comes in:
If you have been down the traditional bank loan route without any positive results, here are a few more options to explore:
Bootstrapping: This is typically applicable to those businesses that are in the incubation or absolutely nascent stages. For the most part, this means first time entrepreneurs who have no history or credibility to show. Bootstrapping … Read more