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Empowering family business: how to finance family-owned business

May 3, 2021 Raven 0

Most of the time, doing business is not about large corporations or huge investments: just a little business run by family members. Such a business doesn`t require counting ROI coefficient or angel investment phases, starting capital is submitted by family members and most often, is quite low. Family businesses always need a little “push” in the form of a funding in order to overcome challenges they meet on the market of giants.

One of the best possibilities is sharing your experience and success: some companies offer small grants for little businesses, because a period of time ago they started their … Read More...

How to finance your business in Georgia

April 25, 2021 Raven 0

Georgia – an entry gate between Europe and Asia, has been a trade platform for many centuries. Today Georgia has a free trade access to the market worth 2.3 billion (including EU, China, EFTA and CIS countries, Ukraine, Turkey, USA, Canada and Japan). Georgian government offers a politically stable business environment, competitive market entry costs and taxation system.

If you are looking for financing opportunities in Georgia with a great business plan in your head, your first step should be a negotiation with EBRD (European Bank of Reconstruction and Development). With the respect to the last statistics, EBRD has facilitated … Read More...

How to finance you IT Startup

April 22, 2021 Raven 0

According to American writer and critic Joseph Wood Krutch, “Technology made large populations possible; large populations now make technology indispensable”. Agree or not, nowadays the most demanded sphere is IT development: it makes our life easy, comfortable and more stable. Shall it be just a mobile application or a new medical equipment, it definitely needs couple of coins in your pocket. So let`s look through the best business grant opportunities for IT startups:

Citrix Startup Accelerator, San Francisco
The “pearl” of IT industry is Citrix Startup Accelerator, which has hundreds of different grant programs, located in Raleigh, North Carolina. Citrix … Read More...

An alternative business loan option you might not be aware of

April 13, 2021 Raven 0

Most businesses and companies depend on business loan as means of getting fund for their business ideas and plans and this is common means of funding for most. During the economic collapse in the United States, banks started placing limitations on their business loans. This birthed alternative means of business funding.

Online bank loans started permitting businesses and companies to have extra options of funding for running their business. Line of credit is one of these means of extra funding provided by the Internet banking loans.

A business line of credit works similar to a credit card. It is a … Read More...

Three Additional Tips to Aid You Succeed for a Small Business Loan This Year

April 12, 2021 Raven 0

In our previous post, we talked about three helpful tips to help you secure loan for your small business. This is a continuation of the discussion. Here, we decided to offer you three more business tips to help you secure the bag in the bank/alternative lender.

Tip 1: You Need to Agree on How Much Funds You Can Invest in the Business You’re Operating

Whether you know this or not, you need to know now that 99% of lenders will require that, the owner of the business put a chunk of their own money into the business which they seek … Read More...