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How to Fund Your Small Business

Sources of Business Financing Personal savings Friends and family Crowd funding Investment capital Credit cards Bank loans Community (nonbank) lenders Uses of a Business Loan Equipment Inventory Supplies Materials Working capital Start-up expenses Establishing the Cost of Capital What’s the term of the loan – how many years? What’s the interest rate? Is it fixed or variable? Is it simple or compound? Is it APR or other price? What additional…