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Credit Cards.
This must be the last option of funding your business. If you don’t have any savings, no support from family or friends, you are not able to get bank loan or remortgage then the credit card is the only option. However, you must be careful, windrow money from your credit cart is easy and convenient but this is the most expensive debt that you ever have. It seems that credit cart is simple you will only need to pay small amount of money every mount but in the long run it will be long burden to you. However if you need a cash lump sum just to kick of your business credit card would be the best option.
Business Grant.
Normally, Business grant is given to certain industry certain sectors and for certain reason. The grand provider usually only give small part of the grant, but it would be good to feel up your financial gap you need.
Business Angel.
The most convenient way to finance your business is from Business angel. There are actually retired people or successful business people who are looking for a new opportunity to investing a new business. This is actually a good solution for you as you will have fresh cash without too much hassle like other type of financial source. This particular people are usually looking for a shareholding in business with minimal hand on the business. The negative side is that you have to be ready to share control to your business. This is not an easy task especially if you are not person who like to share power. You may end up having argument most of the time with your business partner.
When it comes to finance the business, it is actually very challenging. However, if you have strong determination there always a way to explore various option that finally you will get certain amount of fund that you want.