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Securing Capital for Your New Venture: Top Funding Sources to Rely On

  • To secure funds for your new venture, it is not recommended to turn to relatives or friends for funding, as it can strain personal relationships.
  • There are various viable funding options available, such as banks, angel investors, venture capitalists, and crowdfunding platforms.
  • Banks offer options like credit lines, temporary overdrafts, commercial loans, and startup loans.
  • Angel investors can be attracted by presenting a comprehensive feasibility study, a detailed business plan, and a clear exit strategy.

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