Starting and Growing a Business: Accessing Capital

 
 
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Financial Options | Sources of Financing | Investor Readiness | Accessing Capital Checklist

How Will You Finance Your Business Growth?
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Once your business is up and running you may need to raise more money to pay for expansion and growth. You will also require money for your daily operating expenses.

As with start up, your business can be financed through debt (borrowed money) or equity (invested money). The type of financing you seek depends on how much you need and how you plan on using it. However, as your business begins to make a profit, you can use that money to pay for its continued growth, offer ownership in exchange for financial help or sell equity interests in the company.

Everything is negotiable! Don’t be afraid to discuss terms of an agreement such as the rate of interest on a loan or the payback time and period. Remember - it never hurts to ask!Once you have determined the type of financing that you require your next step may be investor readiness. Becoming investor ready will require you to know your business inside out so that you can attract investment in your business.

Financial Options

What are Your Financial Options for Growth?
  • BDC Perspecitve: Growth – Business Development Canada explains financing solutions, financial options, deal structures and consulting
Sources of Financing

Where Will You Access Capital?
  • Financial Resources – As part of Renewal Services, this page lists and links to financial resources to assist in the business development process
  • Working Capital – This page from Business Development Canada (BDC) offers information and links to help you secure the working capital needed for success
Investor Readiness

How Will You Work With Investors?
  • Demysitfy Your Banker - A guide for entrepreneurs seeking a loan from their bank: what your loan proposal should contain, what your banker looks for, common bank terms, and tips to increase your chances of success
  • Steps to Growth Capital – This site from Canada Business is extremely helpful and informative for the entrepreneur seeking risk capital. It will walk you through the process of finding, keeping and working with investors
Phone the Ag-Info Cente, toll-free in Alberta at 310-FARM (3276), for assistance.
This document is produced in cooperation with AFSC
 
 
 
 
For more information about the content of this document, contact Kathy Bosse.
This document is maintained by Tricia Simon.
This information published to the web on August 26, 2008.
Last Reviewed/Revised on July 20, 2010.