photo credit: UggBoy-UggGirl
If you are looking for serious funding for your next project idea (think ABC’s entrepreneur dream maker/dream killer show Shark Tank), this article will point you to two free resources, filled with over one hundred venture capital firms and sources of business finance that might have exactly what you are looking for.
Success in starting out as an entrepreneur, particularly if you have a game changing idea or invention, depends on having enough financial backing to get you out the gate and off to a running start.
With the current sorry state of the domestic and world economy, many are seeking information about how to finance profitable business ventures.
And if that’s what people are looking for, that might be the kind of information you should be packaging and selling to them. Or, if you are in need of that kind of funding for your own market conquering plans, then utilize the resources below.
You can find the list of the top 100 venture capital firms at Entrepreneur.com.
You can find a list of business finance programs right here under our category.
Originally posted 2011-07-31 20:18:05.
Cross-collateralization alludes to bank needs concerning private collateral like a home used as security for a company loan. A business outline isn't always needed for a company loan, but when one is needed this may add seriously to the price tag and length of the loan process. We have prepared a number of other business finance overviews addressing extra factors that'll be important for most commercial borrowers.
Before signing up for small company finance, you need to do your house work concerning the finance and business. If you'd like to borrow bigger amount then the bank will ask you to promise a property, home or commercial, as security. You'd be given smaller finance for shorter repayment duration ranging five to fifteen years.
However the downsides of having a loan to finance your business start up far out-weigh the benefits.
The loan can also be expediently repaid in twenty-five to30 years or earlier as suits to your situation. Also you'd be paying out interest at higher rate.
Before that, compare all banks for rates to get an acceptable offer.