The Brilliant Life Show

Little Known Options for Funding Your Business Minisode


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024 I share with you some little known, as well as traditional options for funding your business! Check your area for a Community Business Partnership, National Women's Business Center and/or S.C.O.R.E. These are amazing resources for small business counseling, equipping and networking.

Key takeaways:

  • Form an LLC (or separate business entity of some form), have a business plan, and understand a lender's focus.
  • Traditional Business Funding:
    • Small Business Loans (from a bank)
    • Commercial Loans (for real estate)
    • Lines of Credit
    • SBA Guarentees Loans
  • Non-traditional Business Funding:
    • Microloan Programs
    • Kiva (0% loans via crowdfunding-like model)
    • Negotiate an advance or deposit
    • Use Pre-orders to Sell Products
    • Bootstrapping
    • Family or Friends
    • Trade Equity or Services (Bartering)
    • Peer to Peer Lending
    • Crowdfunding
    • Angel Investing
    • Equity/Venture Capital
    • Grants/Competitions

DM or email me for more details as this is just the top of the iceberg!

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The Brilliant Life ShowBy Joy Wilder

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