Amazines Free Article Archive
www.amazines.com - Wednesday, May 14, 2025
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133577)
 Advice (161673)
 Affiliate Programs (34799)
 Art and Culture (73858)
 Automotive (145721)
 Blogs (75621)
 Boating (9851)
 Books (17224)
 Buddhism (4130)
 Business (1331013)
 Business News (426457)
 Business Opportunities (366525)
 Camping (10974)
 Career (72796)
 Christianity (15854)
 Collecting (11638)
 Communication (115089)
 Computers (241958)
 Construction (38973)
 Consumer (49954)
 Cooking (17080)
 Copywriting (6734)
 Crafts (18203)
 Cuisine (7549)
 Current Affairs (20323)
 Dating (45910)
 EBooks (19704)
 E-Commerce (48273)
 Education (185536)
 Electronics (83525)
 Email (6438)
 Entertainment (159863)
 Environment (29004)
 Ezine (3040)
 Ezine Publishing (5454)
 Ezine Sites (1551)
 Family & Parenting (111011)
 Fashion & Cosmetics (196612)
 Female Entrepreneurs (11853)
 Feng Shui (134)
 Finance & Investment (310637)
 Fitness (106492)
 Food & Beverages (63058)
 Free Web Resources (7941)
 Gambling (30227)
 Gardening (25203)
 Government (10519)
 Health (630180)
 Hinduism (2206)
 Hobbies (44083)
 Home Business (91748)
 Home Improvement (251289)
 Home Repair (46258)
 Humor (4728)
 Import - Export (5462)
 Insurance (45104)
 Interior Design (29637)
 International Property (3488)
 Internet (191032)
 Internet Marketing (146690)
 Investment (22864)
 Islam (1161)
 Judaism (1352)
 Law (80500)
 Link Popularity (4596)
 Manufacturing (20932)
 Marketing (99328)
 MLM (14140)
 Motivation (18237)
 Music (27000)
 New to the Internet (9498)
 Non-Profit Organizations (4048)
 Online Shopping (129742)
 Organizing (7813)
 Party Ideas (11855)
 Pets (38165)
 Poetry (2229)
 Press Release (12691)
 Public Speaking (5643)
 Publishing (7566)
 Quotes (2407)
 Real Estate (126907)
 Recreation & Leisure (95496)
 Relationships (87678)
 Research (16182)
 Sales (80361)
 Science & Technology (110299)
 Search Engines (23525)
 Self Improvement (153318)
 Seniors (6224)
 Sexuality (36012)
 Small Business (49379)
 Software (83054)
 Spiritual (23537)
 Sports (116155)
 Tax (7664)
 Telecommuting (34070)
 Travel & Tourism (308297)
 UK Property Investment (3123)
 Video Games (13382)
 Web Traffic (11801)
 Website Design (56949)
 Website Promotion (36670)
 World News (1000+)
 Writing (35853)
Author Spotlight
AREESH ISHTIAQ

Areesh Ishtiaq a Top Rated SEO and Digital Marketing Guru on Upwork, working as a project manager fo...more
PANKAJ RATTAN

I am Pankaj Rattan. I am a B.tech student. I love to ride my bike and play cricket. And i also love ...more
GREG DERR

Triple Diamond Construction is a licensed roofing company serving Oklahoma City, Moore, Norman, Yuko...more
RAM SEWAK

Myself Ram Sewak possessing indepth domain experience of more than 10 years in SEO, SEM, Web Develop...more
JANE PAGE

Jane is an ardent mobile and internet marketing and enthusiast reporter on major press media in USA...more


Creative financing: innovative options for funding business by Robyn Barrett





Article Author Biography
Creative financing: innovative options for funding business by
Article Posted: 11/19/2013
Article Views: 157
Articles Written: 5
Word Count: 868
Article Votes: 0
AddThis Social Bookmark Button

Creative financing: innovative options for funding business


 
Business,Finance & Investment,Career
Whether you are just formulating a business plan for launch or you already have a company that is in need of a cash infusion, bank loans are often unattainable if you don’t meet the proper requirements. Fortunately, there are a variety of creative ways to fund the growth.

If your banker turns you down, instead of becoming discouraged, consider one of these 10 alternative financing options.

Barter Before there was currency, there was only bartering. The U.S. Department of Commerce estimates that 25 percent of the world’s trade is still done this way. Bartering can save money, move unused inventory and find new customers. Think about how you can trade or exchange your products or services. Bartering directly with another business can be done through a barter exchange like IMS Barter.

Business incubators If your business is new and technology-based, then it may be a good candidate for seed money or a mentorship program that will help connect to capital. Organizations like Excelerate Labs and TechStars have a great track record of success. While there is a lot of competition to become part of an incubator, it is good to focus on a handful of organizations which match up best with your goals.

Business plan competitions or other contests When all else fails, try to win the money! There are a number of regional and national competitions giving away substantial amounts of money. These include the MIT $100K Entrepreneurship Challenge, the GE Ecomagination Challenge and the Amazon Web Services Start-Up Challenge. This is one of the toughest ways to raise money, but if you have a very competent team, a great idea and a stand-out presentation, go for it.

Crowdfunding A sister method to peer-to-peer, you can now get people to invest in your cause in exchange for something other than money. This is a different source of funding since the money is not repaid. The incentives for donors range from receiving your first products to having a product named after them. Popular sites that facilitate crowdfunding include IndieGoGo.com and Kickstarter.com. Crowdfunding is very emotional and involves gathering cash from many people. The success in raising cash is based on the appeal of your idea, but if you don’t raise your goal amount, in some instances, you don’t receive any money from the people that pledged to invest.

Government grants There is money to be found in government grants, but these programs require research at local, state and federal levels. Agencies such as USDA, the Department of Commerce, and the Treasury Department offer some attractive programs, but they are very specific and technical in nature, and each comes with reporting strings attached.

Factoring Receiving an immediate cash advance against invoices or accounts receivable from asset-based lenders called factors can be an optimal solution for securing cash needed to grow. The factor advances most of the invoice amount, usually 70-90 percent, after reviewing the credit-worthiness of the billed customer. When the bill is paid, the factor remits the balance, minus a transaction or factoring fee. Factoring can be a good source of capital for high growth or start-up companies, but not a method of financing for a company that is shrinking or losing money.

Microfinancing While this is relatively new in the United States, small loans up to $10,000 are gaining popularity. The loans are based on your experience, passion, market opportunity and sales. Organizations offering microfinancing include Accion USA, Grameen Bank and Kiva. If you have an appealing idea and only need a small about of money, it can be a good alternative.

Peer-to-peer lending (P2P) It is now possible to go online and get funding from people you do not know on sites such as Prosper.com and LendingClub.com. P2P loan amounts will depend on credit score, the economy, the length of the loan and the business’ story. The downside here is P2P loans are not easy to secure and the interest rates can be very high.

Retirement accounts Before borrowing money from an IRA or 401(k), first find out if you can get a 60-day interest free loan from your retirement account. The benefit here is there are no fees, if the loan is paid back in the 60-day time frame. Remember, this is your retirement money, so using it is risky and potentially devastating to your livelihood, if the business fails.

Supplier or wholesaler financing Supplier or wholesaler financing secures money needed through a business’ supply chain. This method works best with a smaller, local supplier that really wants business and is willing to work with you. Factors can be a big help in this area, as they can offer vendor assurance letters which can help garner additional credit from a vendor.

The key is to think beyond the traditional and to research various avenues to determine what may work for you. Although these options may not all be long-term financing solutions, they can definitely help bring in the cash you need for growth, until you qualify for a traditional bank loan or can appeal to investors.

Robyn Barrett is founder and managing member of FSW Funding, formerly Factors Southwest LLC, specializing in factor financing for small to mid-size companies. For more information, visit www.fswfunding.com.

Related Articles - finance, business, business finance, entrepreneur, small business, ,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
TIM FAY

After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
LEVAL AINAH

I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
PAUL PHILIPS

For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
ALEX BELSEY

I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2025, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license