Summary:

Funding is often cited as one of the four reasons that businesses fail within two years. Most of the time, it is access to funding that is an issue. However, bad funding strategies and high interest rates can also force a business into failure.

This workshop will explore your options to obtain business financing. From immediate credit building activities that afford you products and services to loans based on revenue and time in business. You’ll gain valuable insights on the requirements needed for each type of financing.

Learning Objectives:

• Options for vendor credit; some with no personal guarantee
• Business credit cards; requirements, guide for obtaining, and personal credit implications
• Merchant Cash Advances; how to find them and what to look out for
• SBA 7a loan requirements; time in business and revenue

Bonus: Alternative Types Of Funding:

• Venture Capital; The 5-step process to attract institutional investors