Finance Help

Finding the money you need.

There are several sources to consider hen looking for financial help. It is important to explore all of your options before making a decision.

• Personal savings: The primary source of capital for most new business comes from savings and other forms of personal resources. While credit cards are often used to finance business needs, there may be better options available, even for very small loans.
• Friends and relatives: Many entrepreneurs look to private sources such as friends and family when starting out in a business venture. Often, money is loaned interest free or at a low interest rate, which can be beneficial when getting started.
• Banks and credit unions: The most common source of funding, banks and credit unions, will provide a loan if you can show that your business proposal is sound.
• Venture capital firms: These firms help expanding companies grow in exchange for equity or partial ownership.