Whether you have been running a business for quite some time or you’re just setting up your company, you’re bound to run into situations where you’ll need to raise money. Venture capital is considered to be the most popular form of fundraising by many entrepreneurs, because in addition to money, it provides you with industry connections, an abundance of knowledge and a clear direction for a business. However, venture capitalists may not always be inclined to help small business owners.
If you are looking to secure funding for your startup but you aren’t seeking VC money, here are nine alternatives to venture capital funding.
Company Credit CardsCredit CARD Act of 2009
Invoice Financingoutstanding accounts receivables
Lines of Credit