Localfund.com - All about Fund and Investment
*Home>>>Business financing

I have an amazing business idea how do I find financing?


I'm looking to start a business with this amazing idea I have but sad to say my credit isn't the best. How can I find financing or Venture Capitalists and investors? I don't want my ideas taken over I just want an investor that believes in the product and the leadership behind it.

yeah I definately can't say the idea on here i'd have to make a confidentiality agreement with the whole internet..lol

You haven't said what the idea is so I don't know if people will invest in your idea the only thing you can do is try to find someone.

Funding a small business is hard to do ... first steps in financing is usually using personal credit cards/ savings, once that is exhausted, the next step is family/friends who believe in your idea. There are SBA guaranteed loans available through your bank, but the bank will require that a percentage of the loan money comes from you ..IE .. if you want to get a loan of 10,000 for the business, 1,000 of YOUR money must already be invested in the business. A Bank wont lend 100% on any business. After you have been in business for a while or if you have a really good business plan, you can approach venture capitalist and "angels". "Angels" tend not to get involved with the day to day affairs of your business, but venture capitalist will.

Try using a resource on-line like entrepreneur.com to help you find the source that is right for you. Also, try the federal site grants.org to see if you qualify for any existing grants.

Tags
  Debt Financing   Capital Investment   Business Investment   Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds
Related information
  • How do I find a financing company to work with our home improvement business?

    you nedd a business with an option, try ...

  • I would like to find out about financing for small business?

    Money is a big need for every body weather they are rich or poor.And they always think how to get money or find money.without cheating and fraud.Good package and limited time offer.I am giving you ...

  • What resources do you know of to obtain financing to buy a small business?

    One of the best things you can do is have a great relationship with your banker. They can pave the way to great things for you if you are on good terms. Visit a few banks, meet with some bankers,...

  • How should I get financing for this business?

    If you are individual, who has an entrepreneurial spirit, you can easily get a loan offered by the federal government. This loan allows you to start a small business. The department of Small Busine...

  • I need help to find somebody,foundation who can help me financing my business and no need to repay (grants)?

    It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. Nonethele...

  • I need financing for my business?

    The standard approach is to develop a BUSINESS PLAN to show how the investment of additional funds can be used to improve the business, and most importantly get funds back to pay back the investors...

  • Trying to find financing for my business?

    First of all beware of scams offering you bank loans. If you have any equipment that you don't need have you considered selling it through a service like Ebay or your local classifieds. This...

  • Need help getting financing for a business?

    A business line of credit is an approved amount of money that you can draw against. For example if you have a $100,000 line of credit the bank keeps that 100k in an account that you draw from. It ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster