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, and Small Business Administration (SBA) 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 subsidies.
  • Alternative Funding Options:
    • Peer-to-peer lending, microloans, and bootstrapping.
    • How these alternatives work and when they might be suitable.
    • Advantages, such as less stringent requirements, and potential drawbacks.


 

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