What company wouldn’t want more capital? While infusing more money into your company may seem like a “no-brainer,” there are some questions you should ask before you make the financing decision. What do I need the money for? How much money do I need? How and when will I repay the money? Can I afford the cost of the money? Once you have answered those questions and decided that you do, in fact, need additional capital, there are three main types of financing to pursue: debt, asset and equity

Article first appeared in the Kansas City Small Business Monthly, June 2005

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Counselor/Mentor, Kansas City SCORE
Money to Grow On!