Tuesday, 10 April 2018

Financial services relationship

The economic services provided by the finance industry are known as financial services. Financial services includes commercial banking services, Investment banking services, foreign exchange services, investment services and many other services.

Every business is based on money to run and expand.

Usually standard bank financing offers the best interest rates. Finding a business funding is not difficult if the borrower is creative and realistic. But if it is approached in disorganized way then the way to success is limited. Borrower must have a proper plan how much money he is going to lend and how much he is going to spend for the business.

 So the simple ways to raise the funds for startups is

1.Make use of the available government programs that offer startup capital
2.Get business loans from microfinance providers.
3.Get bank loans.
4.Raise money by winning contests.
5.Get funds from Incubator and accelerator.
6.Make use of venture capital for the business.
7.Make use of crowd funding.



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