Over the past few years small businesses have been on the short end of the stick when it comes to financing needs. After the financial crisis banks weren’t in a positions to hand out loans, they themselves needed capital. More recently, crowdfunding became a popular method for small businesses to finance themselves. And businesses take advantage of this new way.
There are, however, different ways to finance a businesses via crowdfunding and a few things to consider while doing so. Have a look at the infographic below and see an example.
This Infographics was created to illustrate an article about financing options for small businesses based on the funding goal, timing, current cash flow and development stage of the enterprise. The options evaluated: equity crowdfunding, peer-to-peer and peer-to-business lending, rewards (Kickstarter type) crowdfunding. Enjoy!
Infographic Source: CrowdfundProductions