How to Get Funding for Your Startup Fast
Are you in the early stages of launching your business and in need of funding?
It can be overwhelming when it comes to deciding how to begin or where to apply. In today’s post, we’ll unpack several ways for you to get funding for your business. The following guide will provide a helpful roadmap for deciding which option(s) may be best.
What is a startup?
When it comes to the funding options listed in this article, it’s important we define what a startup is. First, you already have a legal structure such as a sole proprietorship, corporation, limited liability company, etc.
Second, you’re in the initial stages of business, less than two years old. Now, in some cases, you may have an older entity that’s been dormant for several years. If that’s the case, some of the funding options we list may also work for you. Finally, as a startup by our definition; your business has little to no revenue coming in.
Now that we have established our definition of a startup, the next step is to assess your funding ability.
Step 1: What are your FICO®Scores?