One of the unavoidable responsibilities for the CEO of any startup company is to provide the initial funds; round 2 funding; round 3 funding and maybe more until investment is secured or revenue is generated, because running out of cash is not an option. But it doesn’t stop there. During the life of most any business, the owner will need to seek additional funding to help with its growth or to keep it going through a rough patch. At some point during growth self-funding does not become an option.
Planning how to fund a business is hardly a trivial or brief topic and requires a methodical and thorough conversation. However, if you need funding now, we can provide you with 3 unusual funding sources.
Founded in 2011, the Arizona Microcredit Initiative is a nonprofit organization has grown to become a leading microfinance institute in Phoenix. AMI was created to help underserved entrepreneurs become financially self-sufficient and contribute to their local economies. They offer loans up to $5,000 for entrepreneurs to start or expand their businesses.
Click here for more information.
Sponsored by the City of Tempe Business Resource and Innovation Center (BRiC), the Small Business Funding Speed Dating is a free, one-of-a-kind upcoming event (January 31st) where business owners are matched with the right lender. You get the opportunity to share your vision for growing your business with experts that will brainstorm with you on which business funding will help you best.
Find tickets here. Seats are limited.
Biltmore Loans offer collateral loans. But not the conventional collateral you may think of such as real estate, inventory, etc. They loan (or buy) on most anything you own. Antiques, art, automobile, jewelry, you name it. Consummate professionals, they have built a solid reputation and track records over the years.
Click here for more information
These are simple examples of how you can kick off 2017 with capital to continue or begin your new year right.