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Advanced Tips on Raising Capital, Part 1 Print E-mail


Okay. You've taken all the traditional routes to obtaining the capital you need to run your business you've applied for loans, you've maxed out your credit cards, your friends and family hide when they see you coming and you still need capital. What should you do next? Give up and start researching the differences between Chapter 7 and Chapter 11 bankruptcy?

No not even close. The fight to obtain capital for your business has just begun. If you've reached the end of the road with your conventional arsenal of financing tools, here are the best unconventional tools to get you the money that you need when you need it. Of course, just because these ways of raising money are a bit off the beaten track doesn't mean that you can't put them to work for you before you exhaust your more conventional approaches to raising capital in fact, you may just want to put them to work for you right now.

Advance Payment

When it comes to financing your business, nothing is sweeter than getting your customers to pay you before you deliver the goods or services that they have agreed to purchase from you. If you're particularly
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