Financing Face-Off: Debt vs. Equity One offers more money while the other allows for more control. The Money Guy breaks down the pros and cons of each option.
Q: Should I go after debt financing or new investors?
There are benefits to both: Giving up equity to investors typically results in more money to grow the business than you'd ever get from a lender, but debt allows you to retain control. That makes it tough to decide which route to pursue. Consider these factors.