Financing Your Small Business
Whether you are just starting out or looking to expand, financing is an essential part of any small business. Proper financing can mean the difference between success and failure.
According to the Global Entrepreneurship Monitor, U.S. start-ups and growing businesses receive more than $129 billion from informal sources–this includes money that comes from family, friends, and other private parties.
When it comes to borrowing money from people you know, we realize that small business owners will be at different points in the process–some of you may be uncertain as to where or how to begin, while others may already have specific lenders in mind. This guide is organized so you can select the appropriate section(s) based on your individual situation and specific business needs.
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