Looking for Funds to Finance a Business

To allow a business to grow, companies should be able to get funds from all possible financial sources including major banks, asset-based lenders, business-friendly creditors, vendors, microlenders, web media, and venture capitalists.

While there are numerous sources of loans and funding, these will only grant credit to entrepreneurs with good credit history and viable business.

To expand a business, it is important to have adequate financing and extensive knowledge in managing financial resources. Having such qualities will allow entrepreneurs to start their business venture in the right way.

When looking for funds, people should not only consider the positive impact of borrowing money but also its potential risks and other negative ramifications. With this thought, entrepreneurs will be able to make a decision that will make or break their business.

Sources of Business Funds for Small Businesses

Microlenders

While major US banks are quite apprehensive to provide loans to small business owners due to the recent credit crunch, there are many microlenders that are still willing to give loans and credit to small-scale industries.

Microlenders, which usually give loans up to $50,000, require debtors to have a good credit rating that will prove their capacity to pay and the viability of their business.

Web media

There are sites, such as loanio.com, prosper.com, and lendingclub.com that allow borrowers and lenders to meet and come up with a business arrangement.

While the peer-to-peer network of lending and borrowing is a new industry, communication experts predicted that this will become common in the next few years.

Major Banks

Because major banks only grant people with good credit history, entrepreneurs should make sure that their credit statements are quite impressive.

Apart from major banks, small-scale industry owners can also look for business-friendly lenders that provide payment arrangement that will make it easy for them to pay their loans and credits.

Vendors

Because vendors are usually concerned with their clients’ business, they may provide financial help or easier payment mode to help their clients to stir away from bankruptcy or expand their business.

Asset-based lending

This is a type of lending that requires a debtor to give up his asset in case that he failed to pay his loan or credit. Mortgage is the most common asset-backed loan.

Asset-based lending does not only cover equipment, property, jewellery, and other important personal belongings. According to business consultants, other assets which are not normally used in loans can be utilized in asset-backed lending such as patent rights, trademark rights, and copyrights.

Venture capitalists

There are venture capitalists and entities that look for viable startup businesses to provide these with fundings.

However, with many startup companies competing for financial resources, venture capitalists may be hard to find.

68 Comments

  • Trevin Mills said on October 29, 2009
    how can i start an animal farm consisting of goats, chickens, cows and other animals
  • PASTOR A MOAH DA COSTA said on November 6, 2009
    I AM LOOKING FOR PARTNERSHIP AND FINANCIAL ASSISTANCE OF MY POULTRY FARM IN GHANA, THE NAME OF THE COMPANY IS DOCFELI POULTRY FARM GHANA LTD.
  • James kaugi said on December 15, 2009
    I am planning to start my business in poultry rearing in Kenya, Meru Region, where demand for chicken products is very high. Please advise me on where I can get funding for my venture. Which strategies can I apply to get funding assistance?
  • caren said on April 20, 2010
    I'm based in Nairobi kenya and i would like to get some funding to start up a small business (small drinking place
  • Sheila said on July 20, 2010
    I am from nairobi kenya and i would like to get a secured loan to start a business.i have land that can be used as security.please help.
  • fred said on September 24, 2010
    i am based in nairobi, i have a strong business plan that requires funding. please let me know of procedure
  • Mathew said on October 16, 2010
    Am based in Nakuru and i Have a business that is profitable but i would like to expand it and make it bigger what is the way forward
  • zethembe said on October 20, 2010
    I AM ZETHEMBE ZUNGU FROM DURBAN, SOUTH AFRICA. I AM LOOKING FOR SOMEONE WHO CAN FINANCE ME IN MAKING A GREAT INVESTMENT COMPANY IN SOUTH AFRICA. I'VE STUDIED AND PASSED THE RPE EXAM AND I TRADE ON MY LIVE ACCOUNT DAILY NOW I JUST NEEDED SOMEONE WHO CAN FINANCE ME WITH TRADING ACCOUNT AMOUNT SO I CAN YIELD BIGGER RETURNS. MY CONTACT NUMBER IS 0760429669.
  • mahendra said on June 18, 2011
    how does a cartoon boxes making small scale business can be financed.
  • NAYIGA KIRABO BERNADATTE said on August 24, 2011
    I am Bernadatte from Kampala city, Wakiso district, Uganda . I am a widow with a big family to care for, so I am seeking funds to boost my mobile money business located in Kampala, amount required is $5000. I will be grateful if considered. My phone is 256 773329502 Kirabo
  • Sonal Verma said on September 15, 2011
    Hi My Name is Sonal Verma and i am seeking fund for my Small Business Unit for Agro Based Food Products . Location is in Mainpuri , Uttar Pradesh India . My Contact no is 9713814492 . if you will consider for it then it will be great full for me.
  • Mr. William Brownlie said on September 20, 2011
    My name is Mr. William Brownlie, a private investor based in London, I am willing to invest in any meaningful investment, if you are interested contact me so that we can discuss the terms. Best regards Mr. William Brownlie,
  • samaresh said on October 9, 2011
    My name is Samaresh Kumar Tiwari i am looking for fund for civil jobs in Indian railways my phone number is 9153289106
  • Rajan said on November 8, 2011
    Is there any one who could help us in expanding our pet animal hospital with regular grooming center. Thanks, Rajan
  • Margarita Lopez said on December 14, 2011
    I would like to open a Massage Clinic in the Lk Nona area of Orlando, Florida, USA. I am planning this venture with a business partner. How can we obtain funding to start this business? Thank you
  • Nagendra K R said on December 21, 2011
    "we got one mini bricks factory and business also very good, but after now is closed because it is fell down for winds" and then we are week in financial but "now we want built again same thing but we want financial help or loan from were in which finance or banks getting" pls reply waiting.
  • Samuel said on December 27, 2011
    Am into transportation of petroleum product in Nigeria. I need fund to finance the contract at hand. My office is located in Lagos, Nigeria.
  • Ezechukwu Paulinus Kanu said on January 1, 2012
    My Names are Ezechukwu paulinus kanu. Am from Umuahia Abia State, Nigeria. I am linear/nor linear Editor/D.O.P. my wish is to open a studio or a film school of my own if i get a loan from this company. Pls i need your help to start up my own.
  • navinesh said on April 6, 2012
    my name is navinesh i am a builder looking for fund to start building and selling homes good returns 50 50 profit in fiji island
  • deepak said on October 12, 2012
    i am from kerala tvm i want funds for running p w d contracting business i want a financial partner
  • mike phiri said on October 26, 2012
    i am existing poultry business man looking for funds to boost my business plan and help those who want to start business. i am a zambian i want a financial partner
  • elaine said on November 3, 2012
    i am elaine from nairobi and looking for venture capitalists to fund me start a storage company.
  • Maurine said on November 4, 2012
    Am in nairobi kenya and i have a great bussiness plan that i need capital can you please help me to secure a loan.
  • George said on November 14, 2012
    Am a Kenyan and i have an ongoing Poultry business but purely organic (free range) i have a number amounting to 400 but am looking for a partner whom we can venture into the business with am planning to start hatching them and selling the small chicks to other farmers who are interested in organic chicken if you have some interest on the same kindly let me know. Kind Regards, George
  • ravichandra reddy.k said on November 18, 2012
    My name is ravichandra i have done my bsc biotechnology now i am planing for poultry farm pls help me any bank loan facility my native place k.v palli chittoor dist
  • Hussaini Abdul Karim said on November 26, 2012
    Shah Alam, Selangor Malaysia. Plan to sell products such high-end handwired custom made guitar tube amplifiers, high-end guitar parts and accessories, electric guitar exotic wood bodies, etc. all designed and manufactured in Malaysia to market in the US and Europe. Need US$1 million.
  • Ricci Mane said on January 7, 2013
    My Name is Ricci I have a Pizza business that is one of the oldest and best pizza in Milwaukee Wi. I would use some funding to make it even bigger and better, I have some great idea's but need some funding i am able to pay up to 10 percent on the funding backed by me business. To contact me . 262-490-5678
  • sabelo mchunu said on January 28, 2013
    I want be diamond dealer my problem is lack of money,I am at South Africa Gauteng 0792829954
  • yvonne said on February 8, 2013
    i'm yvonne, in need help as i want to open a small business for catering school together with restaurant where my trainees will get an experience because in my area there is no catering school. i have qualification in chef de party with seven years experience in hospitality dept, so i'm willing to help people to learn how to cook and buy various delicious food in my restaurant. to contact me.0833152882 im south african. thanks
  • Davis kiprop said on February 23, 2013
    I am a broker in nakuru kenya. i am looking for long term partners who are ready to supply cheap laptops and electronics for sale and greater profits. serious person contact me.
  • Solomon S Paul said on March 5, 2013
    Hi, @Davis kiprop I am Interested your post. Send me a detailed requirements to me. I am a Indian, living in South India. My mail: directbusiness22@gmail.com
  • Nkosana Mancho said on March 19, 2013
    Dear Sir/Madam, I am facing financial problems in my small business of printing t-shirts. i would appreciate if i may be sponsored or funded with R5000. I believe that my business is a backbone of job creation in South Africa. Thank you very much for your consideration. yours faithfully, N.Mancho, 0788412624
  • Mari said on March 28, 2013
    Money market is my business like check rediscounting and sometimes my fund is not enough... So I am looking for an investor/financer who is interested to tie up with my business. +639174956465
  • majeed said on April 11, 2013
    dear sir, i am very interested in layer farming poultry business, and looking for partner in zambia. if anyone is interested ,pls mail:- Frozenhub.majeed@gmail.com. waiting for u r reply. thanks, majeed singapore
  • Anthony Mbuthia Ndirangu said on April 16, 2013
    I am from Nairobi Kenya and I would like to get a secured loan to start a business. I have a house in Nairobi that can be used as security please help
  • Mojalefa Mofokeng said on April 19, 2013
    We are South African diamond dealing company looking for funds or investor to help us with finance. Our business is registered we have buy and sell diamond license. Any investor who can help us to start. Thank you, M.D Mofokeng, mojalefamd@ovi.com
  • subhash bharti said on April 23, 2013
    Hi My Name is Subhash bharti and i am seeking fund for my silver and gold jewellery Business Unit for jewellery Products. I have a strong business that is highly profitable but i would like to expand it and make it bigger. Location is in HUPARI , kolhapur maharastra India .we are looking for funds or investor to help us with finance. I have a property that can be used as security. Amount required is 10.CR. I will be grateful if considered. my EMAIL SUBHASHBHARTI@GMAIL.COM PHONE-9028708689
  • APURINARI REAGAN said on April 24, 2013
    Hello I have business looking for anyone who can lend me money to boost my business then i pay back every month because i have job with good income so if u there you can contact me on this Number +256701836161 or Email me apurinarireagan50@yahoo.com.
  • Charles Musembi said on April 24, 2013
    Hello, I am involved in timber & furniture business located in Nairobi, Kenya. I am looking for capital to stock and also buy a timber splitting machine. I am willing to secure using property. Amount required is 20,000USD
  • Keresi Lavelawa said on April 25, 2013
    HI, I am Keresi Lavelawa living in the Fiji Islands. I am looking for a business partner to share 50/50 and provide finance not much needed since company is registered and all i need is someone who i can trust to be based in overseas to monitor funds and do marketing as well. Company is called the Volunteer South Pacific but still waiting for finance to get itup on the web. If you are interested send me a mail. keresi123@gmail.com thank you.
  • Emmanul Mchome said on May 8, 2013
    Hi, I am Emmanuel Mchome from Dar-es-salaam Tanzania. I am looking for business partnership to share 50/50 and provide finance in the area of networking security and electronic maintenance, any one can contact me through +255652478487 or email me mchomethegreat@gmail.com
  • Gladwell Kiwara said on May 16, 2013
    Where can i find funding for an animal feeds business? I need about $50,000. Regards, Gladwell
  • jimmy trevor said on June 29, 2013
    i'm looking for a financial support i want start up a stationary but i'm lacking capital so i am kindly requesting for any sponsor willing to help me. email:trevolusios@yahoo.com or tel +256704302674
  • Elsa said on August 13, 2013
    I would like to open up a "Gorditas" (the best-real Mexican Gorditas) place in ( I want to relocate) San Diego, CA . Dont have the funds or exact location, but willing to negotiate. Searching for an ANGEL!
  • Leo said on November 8, 2013
    I've always wanted to open a dutch snack-bar style here in the Philippines Metro Manila, but as always the starting capital is the stopping factor for my ideas. I have been sampling and actually creating dutch snacks and other delicacies from around the world and am now even creating my own dishes for both friends and family. But in as much as it humbles me to hear the praises(both negatives and positive ones)about the dishes i bring out, I can't help but be silent when people ask me why I don't start my own business since I know what I'm doing and how to run and do everything... little do they know that knowledge in managing and running a business goes together with the much needed CAPITAL/MONEY/FINANCIAL CAPABILITY to start a business, may it be the smallest or the biggest. Now is the time for me to actively search for an Angel. I'm really hoping and praying that somewhere out there, an Angel can spread it's wings and help me out.
  • Pearl said on November 13, 2013
    Thank you for giving me opportunity to write here and I'm waiting for you to email me. I hope you are my angel in my plan.
  • Kennedy Kibukho said on December 9, 2013
    I am in the process of starting rabbit farming business in Nairobi, Kenya. I am able to raise start up money; but might struggle with the operating expenses for 5 months, before starting to realize any cash inflows. I would therefore appreciate any assistance, especial in the form of venture capital or grants to help me realize this dream. Rabbit farming has high prospects, hence with good management good returns are guaranteed. Email address: kenkib@yahoo.com. Thanks
  • LAZAROUS MASIMBA said on January 3, 2014
    I have a smaller security company in zimbabwe and i am looking for anyone to fund me us$10000 to increase market share .my company a/c 007343835022 AGRIBANK ZIMBABWE.EMAIL :cromboongroup@gmail.com
  • don mwangi said on January 8, 2014
    My names are Don Mwangi. I can see we are all very small business people. I am too. I deal in furniture, interior design and construction. My business needs funds too. What i see here are all requests for cash and no respondents. Why dont all of us pool our little resources and finance each other; through trust. I'm willing to risk USD50 and together with another 50 small business people we can give a little boost capital to one small business person in another part of the world. He/she then would pool along with the rest of us to help another individual and so on. I think WE ARE the help we are looking for. It's not a scam, i have photos of my 22 years enterprise and a registered business to show. Anyone interested contact me on: donbirungi@gmail.com Thanks people
  • Brenda said on February 11, 2014
    Are you an investor looking for funding? Are you trying to start up your own business? Contact me for funding at:b.mcain99@gmail.com
  • Lejaka said on March 11, 2014
    My name is Lejaka mokhethi. am situated at klerksdorp in north-west at south-africa. i need founding for my business. i would like to franchise one of OK store in my area in klerksdop. please found ME Business idea.
  • donald egwu said on March 14, 2014
    I am a nigerian looking for partnership funding for my shopping mall business which is a very lucrative business here in nigeria, cos people shops on daily basis for essential commodities. Any interested investor? +2347061118886 Email; sollolee1@gmail.com
  • dancan said on March 20, 2014
    am dancan looking for a partner to go into sms campaign business. av acquired the short code n now need someone to meet advertisement costs but we've to agree on some issues b4 any venture.
  • Christian Safari said on March 21, 2014
    Am looking for any one or any organization shall help me to have a small industry dealing with producing some products from waste product like water bottles and the like in order to to make environment clean especially in MWANZA in a country called TANZANIA
  • stembridge imbuwa sikalundu said on March 29, 2014
    hi everyone am imbuwa am a student at the university of zambia and i would like to start a business were i would import all kinds of product and sell them using network marketing.as such i need resources for a business plan or strategy call +260969273899 or email stembridge.sikaz@gmail.com. thank you.
  • ulowa said on May 21, 2014
    We are an established club and restaurant in Kenya seeking financing to consolidate our debts, buy equipment and specialized stocks. loan kshs 1,200,000, about USD 11,760 offers, terms, conditions, and security appreciated.
  • abdalla said on May 25, 2014
    hello i am abdalla xasan from somalia. i would like to get support for my poultry i want financial support because i am suffering so many challenge either medical or feed so please i need good support like 10000$. thank you
  • Victor said on June 4, 2014
    Hello, i am Victor currently at Nairobi. I am looking for financial support towards starting a small photo studio business and upgrading my poultry farming. Thank you for your assistance. Matakayav@gmail.com
  • joseph said on June 21, 2014
    hey everybody, am joseph mwaniki based in bungoma kenya, am looking for a grant to start selling furniture products and also to boost a small business i heard started which deals with the sell of vehicle spare parts, also i want to venture into hiring of tents and chairs, if you see gou are interested to grant me. My gmail address is Jmaacharia@gmail.com
  • Robert kambani said on July 11, 2014
    i have a registered company under the laws of Zambia, am into supplying. but i need funds to settle my business, so that other citizens can also benefits
  • Charles Omwanza said on October 2, 2014
    I have registered a training and consultancy company in Kenya. I need people to partner with especially in helping get jobs in Kenya.
  • Stephen Tamba said on October 19, 2014
    I am Stephen from Kenya I want financial assistance in my retail shop business for 2500$
  • bola said on October 25, 2014
    Am a Nigerian. pls I need like $3,000 to revive my business and I promise to pay back within 6 months. I sell wears like shirts trousers bags shoes and African prints.thanks and while I await our reply. my no is +2348063238801
  • Ganesan.S said on December 17, 2014
    mail us multiproducts7@gmail.com. contact on whtsup 91 9884028576
    Note: we are also looking investors with reasonable interest. If anyone interested pl.get in touch with us.
  • sher bdr. ghalley said on January 13, 2015
    Dear Sponsors, I am from Bhutan, a small Himalayan Country located between India and China. At present I am running automobile workshop which covers eastern part of the country. But I would like expand it and would like to give different services on automobile. Therefore, any international sponsors those who are grateful and interested, please help me. Regards, Sher, Bhutan
  • Ranjana said on January 24, 2015
    Dear sir, Recently we started packaging of drinking water plant, the capacity of plant are 6000 bottles / hr @ one liter bottle i.e. more then 100000 bottles /day. write now we covered some city of Rajasthan - India. Further we are looking agents / distributor and dynamic personality in India & abroad to expand our business. There is good opportunity to earn RS #50000 to RS # 100000/ month in very nominal investment. If some interested then pl. write us. on cpc_35_35@rediffmail.com.
  • TERENCE CHARSLEY said on June 17, 2015
    BULAWAYO ZIMBABWE. OUR INITIAL PLAN IS TO OBTAIN FINANCIAL AID TO START UP A FISH FARMING PROGRAM TOGETHER WITH HYDROPONICS AS THESE TWO PROJECTS WORK TOGETHER. ONCE OUR PILOT SCHEME IS ESTABLISHED WE WOULD LIKE TO INTRODUCE SMALLER OPERATIONS OF THE SAME CONCEPT IN THE RURAL AND OUTLYING AREAS OF ZIMBABWE, THIS WOULD CREATE EMPLOYMENT SELF HELP PROJECTS FOR THE LOCALS AND MOST IMPORTANTLY HELP WITH MUCH NEEDED FOOD SECURITY. WE LOOK FORWARD TO ANY POTENTIAL FINANCIAL AID PERTAINING TO THE ABOVE PROJECTS. A FULL PROJECT PROPOSAL CAN BE SUBMITTED TO ANY POTENTIAL AID AGENCIES OR PRIVATE INVESTORS ON REQUEST. REGARDS TERENCE CHARSLEY
  • imbuwa stembridge sikalundu said on October 5, 2015
    Hey guys I have a lot of land in southern province Zambia and I want a business partner to help me develop it, you can contact me for more info stembridge100@airtelzm.blackberry.com

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