Capital is necessary in every aspect of business. You need money to start your business, for growth, to open new branches and to replace equipment. Obtaining the needed capital to do these things requires different types of lenders for each aspect.

Capitalize your new business with venture capital or real estate loans. Use traditional sources of funds, such as the bank you do business with, to capitalize your expansion. Finance equipment loans with finance companies; investigate terms the finance company offers. Find the capital information you need for your business venture:

1. Locate a capital provider for new business start up.

2. Choose capital from your capital list for business growth.

3. Find capital lenders for new equipment or equipment upgrades.

Action Steps
The best contacts and resources to help you get it done

Select a capital provider who works with business start-ups

Obtaining capital to start a business may be the hardest part of starting the business. If you choose traditional financing, you have to prove you will make a profit before you have start. Capital venture companies on the other hand are willing to risk more for the chance of greater profits. The terms of the loan will be less favorable, with higher interest rates, but you will secure the capital necessary to open your business.

I recommend: Funding Universe puts your business in touch with venture capital and angel investors who want to invest in your business startup. Follow their easy instructions of creating and posting your business plan with them, and then wait for investors to contact you. Go Big Network finds investors for any capital amounts from under $10,000 to over $10 million. Choose the amount you need from investors on the next page.

Talk to sources on your capital list for growth loans

Now that your business is open and running, it has a proven record of accomplishment. You have established banking relationships and you want to proceed to the next level. Go to the traditional sources that you have been dealing with to ask for your loan to expand your business.

I recommend: Bank of America provides capital for every size business. Ask them about expansion loans for your business. Chase works with and provides capital for all size businesses. Choose your revenue amount then proceed to the next page to open your account.

Pick a capital provider who specializes in equipment loans

Equipment loans can be a bit hard to get, due to the fact that equipment depreciates and will never be worth what you paid for it. Special capital lenders, usually finance companies, will tackle this sort of funding with the right collateral.

I recommend: Amerifund has many plans to choose from to finance or lease your equipment. Choose the plan that best suits your present needs. Crest Capital provides capital equipment financing to any size business from small family businesses to multinational corporations. Find out how to get your equipment financed with their capital plan.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Go over the details of your capital loan carefully before you sign the dotted line. Compare offers and choose the loan with the best terms.