Financing for Small Business

1. Financing for Small Business Robert Smith

2. Contents • What is Financing • Difficult to Get Finance for Small Business • Creative Ways for Financing Small Business • Conclusion

3. What is Financing • Financing is the way ofproviding the working capital for the business. • Financing means a way of lending money from any of the financial institution. • It is the field that deals with allocation of assets and liabilities. • There are different areas of financei.e. personal finance, corporate finance and personal finance.

4. Difficult to Get Finance for Small Business • Getting small business finance is one of the hardest thing. • Small business does not have perfect credit that creates problem in getting small business loans. • The main reason is that banks thinks that lending small business is the most expensive task.

5. Creative Ways to Finance Small Business • Small Business Administration loan : SBA offers loans offer two types if loans i.e. one for entrepreneurs and other for small business loans. • Product Presales : Selling products is an effective way to raise finance for small business. • Home equity loan : Equity of homeowners – the home value – what you owe. Home equity one of the bestoption for small business loans.

6. Contd.. • Selling Assets: Selling the assets to raise finance arealso good options.

7. Conclusion • Financing is one of the challenging obstacles that any entrepreneur face while starting up the company.

8. Thank You