As a small business owner, it’s important for you to be aware of the various financing options that might be available to you should you experience the need for additional finding for your business, whether that need might be for capital investment purposes or to help with short term cash flow issues.
A few of the various financing options that might be possibilities for your company include:
- An unsecured business line of credit
- A small business credit card
- An equity-based loan using company assets as collateral
- A personal signature loan
- A personal equity-based loan using personal assets as collateral
- Investment from an outside investor
These are not the only possible solutions to your cash flow needs, but they are among the most popular ways that entrepreneurs seek funding as needs for additional capital arises.
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