Seven Ways That Startups Can Get Debt Financing Without Collateral

If you are like most entrepreneurs, your passion and the need to make a profit drove you to set shop. Unfortunately, within months of setup, you realize that you need to raise money yet you lack collateral to back your loan application. You, just like the 49pc of small businesses in deep debt, need a debt financing option to prevent the closure of your business. As you shop around, you’ll come across the following options: Venture debt financing Venture capitalists are professionals in investment organizations who invest in small businesses…

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