HOW TO RAISE BUSINESS CAPITAL WITHOUT TAKING A LOAN

[tibemichael]

The key lesson here is that you have many options for financing your business. Don’t get discouraged if one doesn’t work out. By demonstrating due diligence and being resourceful and persistent, you can raise the capital you need without taking loan. Then, your money will no longer hold back your business. You’ll be free to expand

 

[Presido]

To generate a business fund without loans, you can participate in entrepreneurship funding programs. Get a business partner, call a friend, start up a side small scale business. You can also find an angel investor.

 

[Kane]

If you do not have enough funds for your business and if you do not want a loan, you have two options left. One, you can reach out to angel investors, two, you can stard crowd funding. These two funding methods can help you to start the business without loan.

 

[Sotherefore]

There are a lot of ways you can raise the capital to start up a business without getting a loan from a bank and one of the ways you can do that is for you to work and raise the capital yourself or you can get it from family members and friends who will like to support you.

 

[Olamide wealth]

Product Presales. Startups often try to sell their services or products in a pre-sale. ...
Side Business. If you have more than one skill, you can start a side business to fund your startup. ...
Renting Out Your Home. ...
Crowdfunding. ...
Grants. ...
Mergers and Acquisitions. ...
Line of Credit. ...
Home Equity Loan.

 

[Divulgence]

Funding from friends and family is a very popular and effective way to round up some initial capital for a business. Make sure that you are not borrowing money that they can't afford to lose. Put any lending agreement in writing with the terms clearly laid out even if it is a “friendly” loan.

 

[idhans]

Hello family!

Have you been looking forward to starting your own business but do not have the capital and don't want to opt in for a loan?

The truth is that 800% possible to start a business without running to banks and financial institutions to secure a loan.

I discovered a lot of people especially youths have the financial problems of starting their own business so I had to take a time today to make a little research on how to find a way around this.


The first step to raise the capital for your business is by looking within:

NOBODY IS POOR
NOBODY IS USELESS

Everybody has something to offer do it may not always be money.

To raise up capital for your business without a loan might might involve certain level of risk that you need to prepare to take.

First look within yourself what do you have to sell, what about your savings either for retirement or for something else?

The first step is try to raise the capital no matter how little it is from what you already have


** I once started a bussiness and along the line everything was going on well until I fell into a scam and eventually lost everything.
At some point I felt very bad and like it was all over but then I needed to move forward and I had nobody to give me money , so what I did was to look around me, picked up my gadgets and electronics which I sold and I was able to start over again.**

You too can do the same!!
There are still things around you which you can sell to raise part of the capital even if its not the full capital.
Selling something to raise the capital may not always be your properties, it may as well be your skills.

CALL A FRIEND OR RELATIVE

Like the saying goes that "no man is an island"
In times like this, one of the best move is to call the attention of a close friend or a family member and let your business intentions known to them.

This is one strategy used by many entrepreneurs and it's still working till date.
You too can do the same and start that big business you never dreamed of.

Hope this helps??


Thanks for reading!!

Getting a reasonable capital to start up a business has always been the challenge with investors. You can always get loans from friends, and family members when you start up a business. Also you can get your capital from government grants, and non-governmental organisations.

 

[Shayo]

Your first source of startup fund should be yourself, start with your savings, that's self funding. You can also apply for government grants. Partnership is also a good means of getting funds too, your partner could be only an investor. You can also seek for sponsorship from family and friends.

 

[Diamond07]

It's no so advisable to take loans to start a business. Other way to raise capital for businesses are through personal savings or investments you've made. Taking of government grants is also a better way to raise capital

 

[Akinwale701]

Hello family!

Have you been looking forward to starting your own business but do not have the capital and don't want to opt in for a loan?

The truth is that 800% possible to start a business without running to banks and financial institutions to secure a loan.

I discovered a lot of people especially youths have the financial problems of starting their own business so I had to take a time today to make a little research on how to find a way around this.


The first step to raise the capital for your business is by looking within:

NOBODY IS POOR
NOBODY IS USELESS

Everybody has something to offer do it may not always be money.

To raise up capital for your business without a loan might might involve certain level of risk that you need to prepare to take.

First look within yourself what do you have to sell, what about your savings either for retirement or for something else?

The first step is try to raise the capital no matter how little it is from what you already have


** I once started a bussiness and along the line everything was going on well until I fell into a scam and eventually lost everything.
At some point I felt very bad and like it was all over but then I needed to move forward and I had nobody to give me money , so what I did was to look around me, picked up my gadgets and electronics which I sold and I was able to start over again.**

You too can do the same!!
There are still things around you which you can sell to raise part of the capital even if its not the full capital.
Selling something to raise the capital may not always be your properties, it may as well be your skills.

CALL A FRIEND OR RELATIVE

Like the saying goes that "no man is an island"
In times like this, one of the best move is to call the attention of a close friend or a family member and let your business intentions known to them.

This is one strategy used by many entrepreneurs and it's still working till date.
You too can do the same and start that big business you never dreamed of.

Hope this helps??


Thanks for reading!!

Thank you for sharing this wonderful information with us. there are many ways to obtain funds for a business without taking a loan. I'm very glad you have nailed it all in the post. What I can also add to it is that, you can even speak to people who owe you, I mean your debtors if you have any. It's part of raising capital.

 

[abubakar3141]

Here are some ways of starting your company without loans that will help you out:
Get it started as Part Time. ...
Start Out With the Minimum Bare. ...
Low Budget Sprint. ...
Near Ones Seek Funding. ...
An Investor or Associate. ...
Reinvesting Profits. ...
Think about the market theory of low investment. ...
Equity or Crowdfunding.

 

[Obaterof]

If you have more than one skill, you can start a side business to fund your startup. Side businesses are often flexible and have low overhead costs. For example, you can work as an independent consultant to fund your B2B startup. You can also consult for cash if your skills are applicable in other non-competing industries. However, splitting your time between the two activities can be quite challenging.

 

[westmania]

Good suggestions. I guess you have a different point of view other than those who run after loans. Yeah every man is an island. Also i will suggest before running a business (say restaurant) simulate all like how foods will be sold and calculate profit from profit you raise capital and offer more features or amenities.

 

[Ayokex]

You can raise capital for business without taking loans by using personal funds, taking grants, from family and friends too

There are many ways you can can raise business capital without taking a loan. You can raise capital from your personal savings, you can raise capital by getting a business partner and you can also raise capital from friends and family.

 

[Joseph555]

It is not advisable to collect loan especially at the beginning of the business in other words there are means you can raise money for your business like fundraising from family members seeking of financial help from Friends you are personal savings can also be used to start business to avoid loan and borrowing

 

[Ub40]

This is a wonderful piece of write-up. It will really be helpful to those who find themselves in this kind of situation. But as for me I gathered my salary little by little to buy some crypto-currency, which I believe will become huge in value in a short time.

 

[Heatman]

Capital can be generated from different sources, it can be from personal account, from family members or relatives, or from friends

When I started my own business, I knew right away the consequences of taking a loan and the pressure that comes with it. How it affects your business focus, so I did everything in my power to make money all the money I used for the business was saved and not borrowed.

 

[Tinaconcept]

How to raise capital for business without loan is mainly through the persons savings, someone can also borrow capital funds from his or her friends and another option is your family when they support you with capital you won't have too much tension of paying back

 

[Funufidelis]

As a new entrepreneur, it is wise to venture into a business that will not require a huge investment. Many renowned businesses started with limited funds; you too can start with your savings. All you need is a clear plan on how to expand the business in the future.

You can even get money from your credit card, and refund before it incurs hefty interests. Working with available resources will enable you to run your startup smoothly with minimal risks. Bootstrapping also involves learning a new skill so that you avoid hiring an extra employee for a simple task and outsourcing some simple and short term tasks to contractors.

Strive to keep the overhead low. If you can use part of your garage as your office, you will be able to save on rent. You can inject that rent percentage into your business. When you minimize the money you use to operate the business, you will have enough funds to reinvest back to the business to propel its growth.

 

[Adesuwa]

You can start a business without loan by starting from small place like by buy small quantity of goods and when you sell you will use the money to get another goods or you can start a business without loan by meeting your family friends or relatives for help to start the business.