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Finance Your Startup With One Of These 23 Smart Fundraising Options

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Chris Motola

Chris Motola

Finance Writer at Merchant Maverick
Chris Motola is a writer, programmer, game designer, and product of NY. These days he's mostly writing about financial products, but in a past life he wrote about health care and business. He's a graduate of the University of Central Florida.

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3 Comments

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    Rushin Ballu

    In my opinion, you shouldn’t opt for Loans of any sort, unless your business turns over inventory really fast and you are able to make a profit on top of paying the interest. And on the flip side I highly recommend opting for crowd funding, there is no interest and it also gives your proof of concept.

      This comment refers to an earlier version of this post and may be outdated.

      Quinn Echols

      This info is very helpful…I am seeking funding to purchase a radio station in Louisiana..The micro loan process seems to be a viable lane to consider as a minority owned broadcast facility..This is a existing business with minimal income what do you suggest as the next move in my journey to get funding?

        This comment refers to an earlier version of this post and may be outdated.

        Jessica Dinsmore

        Hi Quinn,
        Did you have any particular lenders in mind? Are you thinking SBA loans? Or through another program? In general, I’d suggest getting your personal and business information ready, seeing what you qualify for, and making sure you meet all of the check-marks. Good luck!

          This comment refers to an earlier version of this post and may be outdated.

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