Understanding Financing Options for Your Business: Debt vs. Equity
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Explore the basics of financing your business through debt or equity. Discover how startups are primarily funded through self-financing (57%) and family or friends (17%), along with business loans (8%) and credit cards (5%). For existing businesses, funding sources include self-funding (31%) and business loans (16%). This guide from the SBA Reno Branch Office provides insights and resources to help you understand where to find financing, along with contact information for expert advice.
Understanding Financing Options for Your Business: Debt vs. Equity
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Presentation Transcript
Financing Your Business Reno Branch Office
Basics Debt or Equity? http://www.sba.gov/advocacy
Where is the money? Startups 57% self-funded & FFF 17% Business loans 8% Equity 7% Credit Cards 5% Credit Line 6% Other
Where is the money? Existing 31% self-funded & FFF 19% Business loans 16% Credit Line 11% Credit card 6% Equity 17% Other http://www.sba.gov/advocacy
More Information SBA Reno Branch Office David Leonard 300 Booth St., Ste. 3065 Reno, NV. 89509 Phone: 775-827-4923 E-mail: David.Leonard@sba.gov