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7 Secrets To Bank Equity Funding Without Collateral

Startup Professionals Musings

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. This question gets to the heart of what bank financing is and isn't supposed to accomplish. Bankers do not contribute equity.

Equity 303
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Top 8 Sources To Finance Your Small Business

YoungUpstarts

Getting a small business off the ground is easier than it has ever been. In 2015, small businesses accounted for 93 per cent of all Australian businesses by turnover. If you’re planning to start a business, there is no better time than now. Self-financing. Traditional Bank Loan. Use a Credit Card.

Finance 194
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Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

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5 Creative Ways To Finance Your Small Business When Revenue Is Low

The Startup Magazine

In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. Sometimes businesses have to get creative when it comes to their small business financing, especially when revenue is low.

Finance 108
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The Difference between Debt Financing and Equity Financing: Which Is Right For You?

YoungUpstarts

When you’re looking for extra funds, there are typically two options: debt financing and equity financing. It’s important to understand the difference between debt financing and equity financing so when it comes time to get additional funding, you know which is the right fit for your business and how to get it.

Finance 157
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Dan Lok Explains Venture Capital Funding and How to Secure It

The Startup Magazine

Dan Lok explains what venture capital funding is and how to secure it for your business. Venture capital is a type of private equity. It is a type of financing that investors can provide to startups and small businesses which are believed to have the potential for success in the long term.

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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. Old aging inventory.