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.