Beyond Business Loans: 6 Ways to Generate Seed Money For Your New Business
Monday, March 15th, 2010
Catherine J. Brock
You have the intent and you have the motivation, but do you have the money? The credit environment right now stinks and you aren’t thrilled with the intent of applying for business loans. Fortunately, you have other options for raising seed capital. If you are creative-minded and determined, you can locate the money you need to start your business?without asking a business bank to help.
Tap angel investors
Angel investors are wealthy individuals who deploy their money in business start-ups. They don’t do it because they’re nice people; they do it to make money. A successful small business start-up can wage an investment return that’s well in excess of what exchange-traded stocks or bonds might produce.