Alternative Financing

Alternative Financing refers to funding options for businesses that don't involve traditional bank loans. It encompasses a variety of non-bank lending sources and methods, such as those listed below. These options can be particularly useful for startups or businesses with less-than-perfect credit, offering more flexibility and potentially faster funding than traditional lenders.

Some things to consider:

• Community Development Financial Institutions (CDFI)
• Crowd Funding (e.g., KIVA, Kickstarter, Indiegogo, Start Engine)
• Angel Investors
• Peer-to-Peer (e.g., LendingClub, Best Egg)
• Venture Capitalist
• Debt to equity conversion
• Revenue-Based Financing (percentage of future revenues)
• Receivable Financing or Factoring