Business Loans and Raising Capital

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Raising Capital for your business depends on factors like your industry, financial standing, and growth stage. Here are the primary ways to raise funds and types of business loans available:

1. Equity Financing 

2. Debt Financing (Loans & Credit)

3. Alternative & Asset-Based Financing

4. Bootstrapping & Personal Funding

The best option depends on your business stage, risk tolerance, and growth strategy. Strategix Partners will assist you in looking for funding for a specific project or business expansion.

• Amount: Up to $50,000
• Best for: Startups and early-stage businesses
• Offered by: Nonprofit lenders approved by the SBA
• Pro: Flexible use (working capital, inventory, equipment)
• Con: Requires a solid business plan and sometimes collateral

• Best for: New businesses without long credit history
• Pro: Faster approval, fewer requirements than banks
• Con: Higher interest rates and shorter terms

• Best for: Solopreneurs or very early startups
• Pro: Can be easier to qualify if your personal credit is strong
• Con: Personal liability and lower loan amounts

• Best for: Short-term expenses, building credit
• Pro: Quick access to capital, reward points
• Con: High interest if not paid monthly

• Best for: Initial capital
• Pro: Flexible terms
• Con: Risk to relationships if not repaid

Once your business has some history, more funding options become available.

• Amount: Up to $5 million
• Best for: General working capital, expansion, equipment
• Pro: Competitive interest rates, long terms
• Con: Lengthy approval process and paperwork

• Best for: Purchasing real estate, heavy equipment
• Pro: Fixed rates, long repayment terms
• Con: Requires down payment (typically 10%)

• Best for: One-time investments (inventory, marketing, upgrades)
• Pro: Predictable payments, medium-to-large amounts
• Con: May require good credit and 2+ years in business

• Best for: Managing cash flow, recurring short-term needs
• Pro: Revolving credit, pay interest only on what you use
• Con: Can be hard to qualify for if revenue is inconsistent

• Best for: Buying machinery, tools, vehicles
• Pro: Equipment acts as collateral
• Con: Limited to the value of the equipment

• Best for: Businesses with slow-paying clients
• Pro: Quick access to cash without taking on debt
• Con: Costs can add up; you lose a percentage of your invoices

• Best for: Retail or businesses with strong credit card sales
• Pro: Fast funding
• Con: Very high fees and repayments are tied to sales