$37.4 million funded from investment capital today. $86.4 million funded yesterday. $51.4 million funded yesterday.
These figures aren’t composed. They’re actual figures from actual reported investment capital funding. I recieve these notices emailed in my experience every single day, rain or shine.
I am not personally searching for business financing – however the entrepreneurs who read this site are. These figures really are a constant indication in my experience that companies – plenty of companies – are becoming funded every single day.
Which figures just reflect the reported investment capital funding. There’s most likely double that quantity from angel investment and unreported fundings, and millions more in the $16 billion pool that Small business administration has this season.
Overall, it’s lots of money. That’s most companies and banks and groups and people positively purchasing small company.
So why you are still searching for financing?
Possibly you are not presenting your organization effectively.
Or possibly you have not located the best loan provider.
It is also entirely possible that your concept just is not excellent, however i doubt that. Because you are studying this short article means you’re a serious entrepreneur, having a serious business.
Where do you want to find each one of these investors? Here are a few beginning points:
For normal business financing, talk to the neighborhood office from the Sba. It is a new agency, with new programs and services, and a lot of money to lend. Although a lot of the main focus from the Small business administration is on minority businesses, the Small business administration still offers quite a bit to provide non-minority companies.
Also engage with your local banks. (Which was plural “banks”, not “bank”.) Speaking with numerous local bankers will quickly bring into focus the wide varying priorities of the several banks, where your organization easily fit in.
For investment capital and private investors, there are many options.
One choice is to visit online sources. There are a variety of internet services, for example V Finance, that sell the addresses and names of possible investors. It isn’t costly, possibly $2-5 per name. The concept is the fact that when you are their email list of 200 or 2,000 names in hands that you’ll contact each having a written executive summary or strategic business plan, after which wait to listen to from one of these. This can be a very passive approach, roughly similar to tossing paint on your wall and wishing that something will stick. If you’re like the majority of entrepreneurs, persistence isn’t your strong suit, so sitting and awaiting an answer isn’t quite to your liking.
An alternative choice is to visit one of the numerous directories of investment capital firms. These directories typically include addresses, phone figures and emails, combined with the geographical regions of interest and the kinds of investment that every needs. Most companies can narrow lower a list of prospective investors to many hundred investment capital firms by doing this. And again you have to face the possibilities of delivering out written material for every one, and awaiting an answer.