Anyone who starts or wants to grow their own business needs money. If you are not wealthy yourself, you can turn to investors. Think of banks, investors or the government. . The 8 best known way to get money we put here in a row.

  1. Private investors

Private investors invest (part of) their equity in a start-up company. These are often former entrepreneurs who are willing to contribute knowledge and expertise in addition to capital. Often they remain intensively involved even after the start of the company. If you want a hassle free loan then you should search for a good Singapore money lender to chase your dream.

  1. Bank

Often you can also go to a bank for an agreement of best interest rate mortgage loan in Singapore. If you want to be eligible, you have to prove that you have a good idea and business plan. Singapore bank offers several options that you can finance your business, such as an account overdraft, Incentive Capital and Guarantee Credit.

  1. Family and acquaintances

You can also call on parents, friends and other acquaintances for starting capital. In order to prevent later discussions, it is important that you record all agreements (for example, repayment terms, amounts and interest compensation) in an official document.

  1. Microfinance

Money lenders can offer a solution if you have a limited financing requirement and cannot go to traditional financial institutions. The financing form of money lenders consists of coaching before and after starting your business and a microcredit up to 50,000. You can also take out a loan between 50,000 and 250,000.

  1. Venture Capitalists

Venture Capitalists are venture capital companies that manage the capital of large investors and financiers. These Capitalists prefer to invest in established companies or companies with a well-founded plan. They do so to have as much security as possible. Do you want to be eligible? Then come up with a well-founded business plan!

  1. Funds

Funds have many similarities with private equity firms. The big difference is that funds have a special objective. For example, start-up funds focus on starting entrepreneurs and other funds are involved in innovation and sustainability. Depending on your company and branch, the support of a fund may give you just that last bit of capital.

 

  1. Crowdfunding

Crowdfunding literally means investment (funding) from the public (crowd). This form of financing is becoming increasingly popular. On online platforms, entrepreneurs and investors can contact each other. To increase your chances of an investment, it is important that you have a good crowdfunding campaign.

  1. Innovation fund for SMEs +

Are you working on an innovative project or project development? Then the Innovation Fund SME + can support you. There are various government financing schemes, such as the SEED Capital scheme and Innovation credit. You can only call on the SEED fund if you have been active in the field of innovative entrepreneurship for less than five years.

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