Funding Your Dream: Exploring Loans, Equity, Crowdfunding & More
Date and time
-
Location
Online
Organizer
SCORE Greater Wichita
olivia.depperschmidt@scorevolunteer.org
316-269-6273
Host organization
SCORE Greater Wichita
Type of event
Resource Partner event
Event description
Learn about the many sources of funding your business
- Traditional Loans
- Overview of bank loans, lines of credit, Small Business Administration Loans
- What does a bank look for in a potential borrower?
- Equity Financing
- Definition and examples (angel investors, venture capital)
- How does it work: selling ownership stakes in exchange for capital
- Pros and cons, such as loss of control versus growth potential
- Crowdfunding
- Introduction to various crowdfunding platforms
- Types: reward-based, equity-based, and donation-based crowdfunding
- Grants and Subsidies
- Availability of government grants, private grants, and subsidie
- Alternative Funding Options
- Peer to peer lending, microloands, and bootstrapping
- How these alternatives work and when they might be suitable
- Advantages, such as less stringent requirements, and potential drawbacks