Crowdfunding - Became The New Key Player in Start-Ups Business Financing
Ever since the emergence of alternative business
financing such as micro-financing and peer-to-peer lending, the games of
entrepreneurship changed forever. With the conventional financial institutes
and banking sector focusing mostly on financing businesses with positive
revenue and abundance of liquid assets, start-up businesses are subsequently
left behind the race.
But in the recent few years, innovative business
players brought about an even more liberate approach to microlending arena,
known as crowdfunding. This terminology may sound familiar to many
entrepreneurs but somehow the lack of accurate and comprehensive guidance on
this area has left many potential start-ups businesses yet to take off the
ground.
WHAT is the EXACT things that drive new starters away
from conventional loan system in the first place?
- Lack of Convincing Edge
- Tedious and Restrictive Loan Processes
- Now Turnaround Flexibility
- Risks Of Running Into Debt
- Steep Repayment Margin May Cripple Young Businesses
Read more at CrowdfundingX
