Vendedy is the first social network designed to connect global travelers to street markets. Founded by Forbes30Under30 Entrepreneur Christine Souffrant Ntim, the small business’s goal is to digitize the $10 trillion dollar street market economy and make it accessible to anyone and everyone.
But when Ntim started out, she had an incredibly difficult time getting the funding she needed. Watch this quick video to find out how Vendedy turned fails into sales:
For example, you might be able to get a traditional small business loan, just beware of prepayment and other penalties that are part of the agreement. Newer types of options to consider include crowdfunding, online lenders and non-profit lenders. You might also consider applying for a loan from the U.S. Small Business Association.
Watch more of Carbonite’s “Small Business Storytellers” videos.
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This is a topic that may take some time to explore but it is worth all of the effort. Sometimes, you just cannot move forward because you lack funding. With the right resource, you can fast track your business to success.