Finding The Funding

Some places to look
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Are you still working full time? Can you start your business part time and still collect your salary? Or can you land a part-time position while you launch your business?

Have you tried tapping family and friends? If you do, be sure to put everything in writing and treat it as a business arrangement.

If you own a home, you might consider a home equity loan. In these cases, banks either provide a lump sum or a standing line of credit.

Some entrepreneurs find credit cards are a good way to get instant cash for equipment or inventory. But be sure to use these wisely, because the interest can mount up quickly.

Excerpted from Get Smart: 365 Tips To Boost Your Entrepreneurial IQ

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.