In the recently released Small Business Trends Magazine Finance Edition, the focus is on small business loans and other funding options.
It’s an important issue! When you’re seeking to start a new business or expanding an existing one, it often takes money. And that includes money you currently don’t have.
Where Do You Go When Seeking Money To Expand Or Start a New Venture?
Yes, in an ideal world, you might have existing funds from retiring after long-time employment, a large savings account or money from selling a previous venture.
But realistically, this isn’t always going to be the case. And you don’t want your next great business idea to be held up by a lack of cash.
What’s Your Go-To Small Business Funding Source?
So when you need money to start your next business or perhaps expand an existing business into a new market, where do you turn?
Let us know in the poll below.
What's Your Go-To Small Business Funding Source?
- Friends and Family (26%, 203 Votes)
- Credit Cards (19%, 149 Votes)
- Small Bank (16%, 123 Votes)
- Online Loan Marketplace (13%, 99 Votes)
- Something Else (9%, 66 Votes)
- Line of Credit (6%, 48 Votes)
- Big Bank (5%, 42 Votes)
- Credit Union (5%, 40 Votes)
Total Voters: 770
Checking Finances Photo via Shutterstock
More in: Small Business Trends Polls and Surveys