Ch7 – Raising Finance
This Chapter looks at Raising Finance and explores the following questions:-
- What do you want the money for?
- How much will you need?
- How long will you need it for?
- What is the potential upside?
- If it does not work out how will you repay the interest and capital borrowed?
- What security are you being asked for?
- If you looking for Debt Finance – that is loan or overdraft. What is the APR?
- What is APR?
- What about Asset Finance – that is a loan secured against a car or debtors or a piece of machinery?
- What about an Equity Partner, active or passive?
- When should you use a Venture Capitalist?
- Which grants are available and how do you source them?
- What are your chances of obtaining a grant?
- About Crowdsourcing?