Welcome to the Expert eBusiness Business Financing Resources page! On this page, small and home-
based businesses, self-employed professionals, and freelancers involved in online business transactions,
networking, and marketing, can find information and resources surrounding business finance.
Which Kinds of Financing are Available to Business Owners?
Business owners looking the bring capital into their businesses, have many options to chose from.
Which option will work best, will really depend on the specific circumstances surrounding the business
and its owners. Here is a brief rundown:
- •Small Business Loan - Small business loans are typically offered by banks and other
commerical lenders. These loans can either be secured (by collateral), or non-secured. The SBA
also has a business loan program that operates via a network of certified lenders. Generally, the
qualifications to receive such financing are many and the approval period can stretch out over
weeks.
- •Tapping into Personal Equity - For those who have equity with significant value, assets such
as cash savings, a home, and even a retirement plan or life insurance policy, then they may be
able to tap into it in order to help fund their business.
- •Microloans and Peer-to-Peer Lending - Where the monetary needs are modest, business
owners may have the option of turning to a microlender (the SBA also supports a microlending
program, but there are many non-profits that do as well). They may also be able to ask friends,
family, or other peers for funding.
- •Business Cash Advances and Accounts Recievables Financing - Businesses that are already
up and running can use the assets tied up in outstanding accounts recievables to receive a lump
sum of cash. They may also have the option of using future credit card sales.
Business Financing Resources
The Small Business Association
Microlenders
Business Cash Advance Organization
