Specific private banks offer loans to startups and small businesses. Since banks are extra careful about new businesses, it can be difficult to get them sanctioned. However, it doesn’t hurt to try to apply for one.
One of the most common ways to gather capital for your startup is to ask for money from your family and friends.
If you’re not getting financial support from anyone but are passionate about this dream, fund it on your own.
PR firms can curate compelling narratives about your startup, its founders, offering, mission and vision, and growth potential.
If you have a strong business idea and are skilled at using social media, crowdfunding is another option.
Individuals with excess wealth who are interested in investing capital in exchange for a percentage of the company are called angel investors.