Learn about the many sources of funding your business.

TRADITIONAL LOANS:
Overview of bank loans, lines of credit, and Small Business Administration (SBA) loans.
What does a bank look for in a potential borrower?

EQUITY FINANCING:
Definition and examples (angel investors, venture capital).
How does it work: selling ownership stakes in exchange for capital.
Pros and cons, such as loss of control versus growth potential.

CROWDFUNDING:
Introduction to various crowdfunding platforms.
Types: reward-based, equity-based, and donation-based crowdfunding.

GRANTS AND SUBSIDIES:
Availability of government grants, private grants, and subsidies

ALTERNATIVE FUNDING OPTIONS:
Peer-to-peer lending, microloans, and bootstrapping.
How these alternatives work and when they might be suitable.
Advantages, such as less stringent requirements, and potential drawbacks.

This is the second in a series of 3 consecutive finance webinars offered on Tuesday, November 12, and Wednesday, November 13, 2024. Please register for each class you plan to attend.

Faculty: A team of SCORE and community volunteers with wide ranging business and financial experience.