Plenty of funding options — even if your bank says no

There are many sources start-ups can try for funds, so explore the many avenues, writes John Finn.

Plenty of funding options — even if your bank says no

THE general perception of funding for start-ups is that there is very little of it. After all, are start-ups the riskiest type of investment?

It is true that bank funding can be very difficult to secure, precisely for the reason above. Banks want to be able to see the means by which their loan can be repaid and start-ups by definition do not have a revenue stream or track record.

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