How to Secure Capital Investment for your Business
Introduction Whether planning to start a new business or already running one, you know how vital funds are. 60% of small businesses fail within the first year of operation due to a lack of funds. You need adequate capital, not just for business operations, but to maintain a healthy cash flow. You can ensure your business's growth and success by securing capital. Here we will discuss the tips to follow to secure capital investment. Shop around Avoid falling into the trap of sticking with what you know. You may have a good relationship with your existing bank or an investor, but it does not guarantee you will get a loan or a decent deal. You are more likely to get a better deal if you can play one bank off against the other. Additionally, banks have limits on what they can lend you. So, if you already have an outstanding loan, applying for another one with the same lender could push you over their limit. Don't limit yourself to banks Whe...