Many people are afraid to go into business because they don't want to gamble their life savings away; the good news is you don't have to.
There are many financial alternatives that entrepreneurs can avail of; in fact banks are mandated by law to allocate at least 8 percent of their net lending portfolio to small businesses. With that piece of encouraging news in mind, here are a few ways to obtain capital for your business:
1. TAKE OUT A PERSONAL LOAN
2. OBTAIN A BANK LOAN
3. ENTER INTO A JOINT VENTURE
4. USE CREDIT CARDS
5. AVAIL OF CHECK REDISCOUNTING
6. TRY CONSIGNING
7. LIQUIDATE PORTFOLIO INVESTMENTS
8. TAP A VENTURE CAPITALIST
source: Masigasig Magazine August 2008 issue
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