How to Find the Money You Need for your Business

9:18 PM



A good friend of mine recently called me inquiring about an investor. Lack of money is one, if not the primary, reason some people feel they cannot get their business started. There are so many avenues available for entrepreneurs. The key is finding the proper fit for you and your business needs.

If you currently own a business and have at least $20,000 in sales during the past 12 months and have at least 90 days of payment processing through Paypal, you may qualify for PayPal’s Micro lending Loan Program
An identity and credit check will be done, as to be expected, and for just 2 to 11% APR a loan can be yours.  PayPal offers approved borrowers the option to take a loan that is equivalent to 8% of the annual sales made through PayPal.  There isn’t a due date on the loan and the payment is automatically drawn for the account after a sale is made, until the loan is repaid. Once you have paid it off, you can apply for another loan.

If you have an idea and just need an investor, try an angel investor. Here are a few sites I found for my friend with a description of what each company is about.


Invstor.com helps entrepreneurs by offering guidance throughout the fundraising process from identifying a solid capital raising strategy to finding investors to preparing the pitch.



Gust is a global SaaS funding platform for the sourcing and management of early-stage investments. Gust enables skilled entrepreneurs to collaborate with the smartest investors and angel investor networks by virtually supporting all aspects of the investment relationship, from initial pitch to successful exit. The SaaS funding platform is endorsed by the world's leading business angel and venture capital associations, and powers over 1,000 investment organizations in 80+ countries. More than 200,000 startups have already used the funding platform to connect and collaborate with over 45,000 investors. The company was founded in 2004 under the name Angelsoft and is privately held. Gust is based in New York, New York, with a European office in London, United Kingdom.


CircleUp helps consumer entrepreneurs and investors do what they do, better.



Fundbox is fixing the small business economy by offering business owners a common-sense approach to cash flow management, powered by science. Our mission is to give you the peace of mind you need to focus on your work instead of worrying about your cash flow gaps. We believe that you have all the potential you need to make your business flourish, and you can do it without any stressful long term commitments. We’re here to make sure that when you need your hard earned money, it’ll always be available.

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