Start up Funding
Start up Funding
Startup capital is the money raised by an entrepreneur to underwrite the costs of starting a business. Many startup businesses struggle to get all the funding they need. With just an idea and no proven operating record, startup funding is generally regarded risky by most investors. Yet securing financing in the start-up phase is critical for business growth and survival. Funding for startups is about finding the right people and the right markets. When both of those align, it is far easier to secure the funds that you need to grow your business.
Pros:
Fast Cash
Fairly simple and easy approval
Can get Approved from 10k - 150k.
Cons:
Cost of borrowing may be high
May require some type of collateral
Best for:
A start-up merchant with good credit
A start-up merchant who has a cosigner with good credit.