Direct placement is an equity offering without an underwriter which is usually exempt from SEC filing. This is when a company decides to raise funds by selling ownership in the company rather than debt financing with debentures and other things. Typically companies chose to issue their securities to the public using an underwriter like an investment bank. A direct placement takes out the middle man and allows a company to offer their securities directly to the public. This type of placement also eliminates the timely process of filing the securities with the Securities Exchange Commision.
The first place many businesses turn to are banks. Banks are a great source of capital, but they only lend to business with excellent credit and track records. If you are a fairly new business and have less than perfect credit scores, it will be nearly impossible for you to get funded by your bank. There are thousands of alternative funding sources out there that can help you with your need for capital. There are so many that it can seem like an impossible task in itself to find the right one for your business. We are here to help you find the capital that your business needs. Come search out database of over 4000 lenders and find one thats right for you.