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Start Up Funding: Tips To Get Your Business Going Start up funding is critical to the success of any business While some companies can be started on a shoestring budget, most require some investment by the owners Why Angel Investors Say No to Entrepreneurs Angels, or private investors, invest more money in more companies at an earlier stage than venture capitalists They are the lifeblood for seed and start-up businesses Looking For a Small Business Loan? These Tips Will Help Show The Banker You Know What You Need Prepare a loan proposal, a brief description how much money you need, what it will be used for, and how you will pay it back Elements of the loan proposal are: Name of borrower Amount of funding needed Use of the funds (inventory financing, implement new marketing programs, purchase plant & equipment) Type of loan being sought (revolving credit line, term loan) Term of loan: number of years you need the money before it can be paid back Closing date (when do you need the money—give yourself several months) Rate: Propose an interest rate based on your research of market conditions

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