Accessing Capital

In your city, you can find banks, companies and other sources who dedicate their services to funding, loans, and credits. You can get the capital you need from them as long as you meet their qualifications. Here’s a list of the most common and reliable sources for accessing funds:

• Banks: this source gives options of high amounts when you request a loan or credit for your business. The problem is that it has many requirements and qualifications than other sources, which makes it hard to access the funds.
• Angel investors: several wealthy people or ex executives are willing to help new and already existing businesses to initiate and grow by giving them the funds they need to operate. Most of these investors do not have too many conditions but you usually need to give collateral to get the capital you need.
• Crowdfunding: this method to get the capital for your business is all about starting an online campaign with the purpose of your business, so people, companies, and organizations can donate if they feel like supporting it. You will not be able to access the money until you reach the final goal which is the entire amount you need.
• Funding companies: these companies are very similar to banks and they dedicate their services to only give loans and credits to businesses, individuals and companies. The good part is that they do not have so many qualifications like banks and you can access or apply for capital even if you do not meet or fulfill all the requirements.
• Family or friends: entrepreneurs and business owners should consider asking for help from their families if they believe they can give them access to more capital. This is usually more viable since most entrepreneurs don’t have to return or pay back the money—or they are not in a hurry to do it.

As mentioned before, there are several requirements and qualifications to meet in other to access capital from different sources. Even if you don’t meet all of them at the moment, you can work in improving all your aspects and characteristics to qualify for a loan option or the complete amount of money your business needs. In our company, NXT LVL ROI Business Consulting Services, we will help you to identify the appropriate source to access the capital you need.

We will do it by evaluating and analyzing your needs and the requirements and qualifications you fulfill. It is important to choose a lender or benefactor that adjust to what you can afford and what you need. In this way, you won’t be pushed to meet conditions that are impossible for you and your business. Our consultants will also guide and advise you whenever you have to decide on this topic.

We won’t let you make decisions while not being well-informed and without thinking it all the time you need—and you are allowed. Therefore, expect a complete service that includes assessing your business—or your business idea if you haven’t started it yet—and also, a plan to get the funds you need. We will evaluate with you all your options that not only include banks, crowdfunding, funding companies or angel investors but also, other lenders.