Money Matters: 22 Simple Ways To Fund Your Startup


Bank loan

This in fact the safest method to obtain funds. If an entrepreneur has a strong business plan and if the money lending institution is happy and agrees to give loan, he should make the maximum use of the opportunity as bank loans are considered to be the cheapest form of raising loans in terms of interest rates.

Credit Cards

Credit cards are the easiest form of payments as it just needs a swipe. An entrepreneur can make the best use of credit cards during emergency situations and this is possible only if he has a good credit rating. It must be also noted that the interest rates on credit cards are much higher than bank loans and blood money.

Equities

If an entrepreneur has many investments in various other companies, he can sell a few of them to rotate and invest money in his own business. In certain other circumstances, he can also mortgage his house with a lower monthly payment, thus saving some money for the business.