{"id":340,"date":"2020-10-14T01:29:33","date_gmt":"2020-10-14T01:29:33","guid":{"rendered":"https:\/\/marshallbrain.com\/wordpress\/?page_id=340"},"modified":"2020-10-14T01:29:33","modified_gmt":"2020-10-14T01:29:33","slug":"invest9","status":"publish","type":"page","link":"https:\/\/marshallbrain.com\/invest9","title":{"rendered":"How to Raise Money from Angel Investors and Venture Capitalists – Chapter 10"},"content":{"rendered":"\n

What if Angels and VCs Are Not for You?<\/strong>
by Marshall Brain<\/a><\/p>\n\n\n\n

What if you have read this book and you have decided that angels and venture capitalists are not for you. What are some other options for raising money?<\/p>\n\n\n\n

The most obvious place to get money is with a bank loan. The classic way to do this is to get a second mortgage on your house or a home equity credit line, but any form of collateral may be possible. There are parts of a business operation that may be collateralizable and therefore acceptable to some banks. For example, if your business needs to build a building, you may be able to get a loan to fund it.<\/p>\n\n\n\n

Sometimes it is possible to get a grant instead of investment. An example here in North Carolina is NCIdea.org<\/a>. Look in your local area for similar programs.<\/p>\n\n\n\n

Kickstarter<\/a> is the best known of the crowdfunding web sites. You propose a business idea and, if people like the idea, they will contribute money to help you get the business started. IndieGoGo is a similar site. You can learn about other crowdfunding sites and the phenomenon in general here<\/a>.<\/p>\n\n\n\n

This article<\/a> offers several other ideas.<\/p>\n\n\n\n

Keep in mind the key advantage of VC funding: if it is smart money, a VC can accelerate your company significantly. No bank loan can do that.<\/p>\n\n\n\n

<< Previous Chapter\u00a0<\/a>\u00a0\u00a0\u00a0|\u00a0\u00a0\u00a0Introduction<\/a><\/strong><\/p>\n\n\n\n

Raising Money Table Contents<\/h2>\n\n\n\n