Institutional financing: Business capital from sources other than banks.
Institutional financing is not provided from individual investors, but is provided through an institution. A bank is a financial institution, but it can be difficult for businesses to obtain financing because of all of their regulations. Without great business credit scores a business will almost always get denied for financing.
There are several other choices of institutional financing including credit unions, insurance companies, and venture capitalists. Each source can provide its’ own unique source of financing and give your business the working capital it desires.
Have a good plan in place for your business, and work to impress the potential financing companies. Our Business Finance Coach will not only show you how to build business credit scores, but it also shows you the top 20 things that all lenders look for in a loan application. Most of these things happen to be key elements that all investors look at as well. Armed with this knowledge you can get your business credit scores in place and open the doors to new financing options for your business.
For each source of institutional financing there are also many different types of financing to choose from. This can seem like a daunting task but we can make it faster and easier to find the right type of institutional financing for your business. Conduct a free business capital search today, and get connected with the right lenders or investors.