Funding Sources – Options To Raise Capital For Your Business
Access to funding when you need it is essential to both emerging and established businesses. So where can you find it? There are far more sources, which are far more accessible, than you may have imagined. Your capital acquisition strategy may include a combination of funding sources. It’s smart to diversify, and a blend of debt, equity, and possibly grants is a great idea. Here are some options:
* If your company needs cash to cover expenses, can’t wait for the typical accounts receivable cycle, and has invoices and purchase orders, then consider asset-based lending.
Potential sources include your neighborhood bank or factoring finance companies, which you can locate online by searching for “factoring” and the name of your city.
* If your company needs cash to cover expenses, can’t wait for the typical accounts receivable cycle, and has a solid history of credit-card sales, then consider merchant cash advances.
Potential sources include http://Advanceme.com and other such services, which you can locate online by searching for the keywords...
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