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Alternative ways to finance a business
While a traditional bank loan is one way to secure financing to start or grow a business, it might not be the best way in every situation. Some of you have an entrepreneurial spirit with a poor credit history. Or lack the collateral to qualify for a business loan. You might be uncomfortable with putting up the insurance most traditional business loans require.
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Alternative ways to finance a business
Anyone who has ever seen the television show Shark Tank is already familiar with the concept of venture capital and angel investing.
One difference between an angel investor and a venture capital firm is the number of people involved.
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Alternative ways to finance a business
Another difference between venture capital firms and angel investors is how they get involved in a company’s financing.
It is exciting to run and grow a company backed by the resources to finance the vision.