It’s already difficult enough for any traditional business to get a loan from the bank. But new businesses and especially startups have insurmountable obstacles to convince a lender. In fact, startups are the riskiest loans of all. Understandable banks tend to reject any application coming from a startup. But it’s not to say that you can’t or shouldn’t get on with your business idea. Think of it as a puzzle you need to solve. Indeed, where can you get the necessary capital without asking for a commercial loan? Thankfully, you’ll be pleased to know that there are some options available for entrepreneurs who are dedicated to their business ideas. Beware, though: Just because you’re not going to ask the bank doesn’t mean that raising funds is going to be a piece of cake. It will not be easy. But it is possible!

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Cryptocurrency is a disruptive force for modern businesses

 

#1. Use strategic investment

If you are interested in trade investments, you might have already a portfolio available. You can strategically divide your portfolio into stocks that are dedicated to financing your startup business, and stocks and other investment options that are for your individual wealth management. If you’re looking for a quick return, you should try your hand at trading stocks that are likely to fluctuate rapidly – here’s a little guide of the most volatile stocks to buy now to get started. Be sure to divide your portfolio accordingly so that you can secure less volatile returns as a financial shield.

#2. Use your savings

Startups are by definition minimalist companies that don’t require intensive investments to start trading. Consequently, if you’re looking at pop shops and mobile commerces, you might be able to gather most of the necessary funds through your savings. It’s a good idea to budget your launch and equipment before you start your entrepreneurship journey. As a rule of the thumb, pop shops tend to be approached as a side hustle until they grow stable.

#3. Consider a crowdfunding platform

You might not be able to convince a bank to lend you money. But how about asking your audience directly? Indeed, crowdfunding platforms let you introduce your business idea and grab the attention of potential investors. Kickstarter is one of the best-known platforms, with the disadvantage that if you don’t meet your financial goal within the allocated time, you could lose the entire sum. Indiegogo lets you crowdfund without a deadline or a target so that you are not at risk of losing everything. But unless you’re raising money for charities, most platforms are likely to charge you a percentage of the sum or a membership fee.

#4. Cryptocurrency is the way of the future

Finally, you can find investors online outside of a crowdfunding platform. Indeed, the cryptocurrency market has been looking into blockchain options to support innovative startups. Binance, for instance, launches $1 billion fund for startups. On the other hand, Bitcoin lets you fund your startup through transparent company evaluation, allowing funders to monitor your spending and your worth.

 

The bottom line is that startups bring a disruptive force into the business world. Therefore their capital can be funded through equally disruptive and innovative methods, directly by the public or through an investment portfolio.