Thu. Sep 29th, 2022

Small businesses use various sources of finance available for start-up capital:

  • Self-financing by the owner through cash savings, equity loan on his or her home, and or other assets
  • Loans or financial gifts from friends or relatives
  • Grants from private foundations, government, or other sources
  • Private stock issue
  • Forming partnerships
  • Angel investors
  • Loans from banks, credit unions, or other financial institutions
  • SME finance, including collateral-based lending and venture capital, given sufficiently sound business venture plans

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