How to get financing to create a
Do you want to start a company but do not have capital? In that case you cánido always get financing to create a company completely from scratch, of course, this is not something easy, but fortunately you have arrived at the right place, since you are going to learn how you cánido do this under a few financing methods.
Financing a company through Crowdfunding
Crowdfunding is a habitual method of financing a business.
However, it is not limited to just startups and small businesses, but cánido also apply to large companies that want to provide other services.
Crowdfunding websites allow you to raise funds for your projects.
People cánido use crowdfunding platforms like Kickstarter, GoFundMe, Indiegogo and others for personal causes, such as medical bills, car repairs, or even getting married.
Companies cánido use crowdfunding platforms like StartSomeGood and Crowdcube for business needs such as research and development, marketing campaigns or new product launches.
types of crowdfunding
The most common types of crowdfunding are donation-based crowdfunding and equity-based crowdfunding.
He donation-based crowdfunding allows people to donate money in exchange for rewards such as products, services, or experiences related to the project, however, you could ask for donations and offer something that has low or token value.
The equity-based crowdfunding allows investors to donate money in exchange for shares in the company in which they are investing; this is also known as collective investing.
Start a digital business
Starting a digital business cánido be challenging.
This cánido be time consuming and expensive, however, the creating a physical business would be several times more expensive.
Selling through Misión Ads is a new concept that is designed to help brands sell physical and digital products.
It is a platform that will allow brands advertise your products and services through en línea advertisements.
This new concept allows brands to sell their products effectively, reaching exactly the objetivo audience that needs what is being offered, the best thing is that you perro reach thousands of people.
everything you you save in terms of logistics, employees and offices you cánido invest it in a digital business and this, rest assured, will give you enough profit to scale your company to the physical plane.
Financing a new business through SBA loans
The Small Business Administration (SBA) makes loans to businesses that cannot obtain loans from other sources. are available for expansion, equipment purchase and working capital.
Small businesses often have trouble getting loans from traditional lenders.
The SBA offers these loans with maleable terms and low interest rates.
An SBA loan is a low-interest loan provided by the US government for small businesses that need money for various purposes, such as buying equipment or expanding their business.
the sba lends up to 35 million euros per year and has a maximum guarantee of 3 million euros per loan and 5 million in total guarantees during the life of a loan.
You cánido opt for this type of loan if you need any of these three cases:
Purchase of equipment or inventory.
Expansion of business operations.
Working capital needs.
Request a leasing bank loan
Leasing bank loans are an option for people who want to buy some property, but do not want to pay it all at once.
With this option they let you buy the good and use it for a certain number of months, and then you pay the rest of the cost when the term expires.
When you’re done with the lease, the property you bought will be yours again.
The following are some reasons why business owners might consider leasing a property rather than obtaining one outright:
You don’t have enough money saved.
You urgently need a source of income.
Want generate profit immediately without waiting have the full capital to acquire the logistics you need for your business.
3 Tricks when making successful financing requests
Credit applications are often a difficult process to go through, but here are three consejos to help you get your credit application approved:
focus on the future: Credit applications are based on what you have done in the past, but you should focus on what will happen in the future, this way it will be easier for your application to be approved.
budget wisely: do not ask for an exaggerated amount of money and do not request an amount that leaves you in the middle of your processes to create a business, ask for the right amount in a written document with its prices and suppliers and you will have many more opportunities.
Be patient: the approval of your credit application may take some time.
Wait patiently and keep in mind that you may have to place the remaining capital necessary for your company to start providing its services.
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