Companies should leverage alternative financing - SMEBiz - News Summed Up

Companies should leverage alternative financing - SMEBiz


There are several pre-IPO funding options that start-up companies and SMEs can explore as a source of alternative funding such as angel investment, venture capital (VC), equity crowdfunding (ECF) and peer-to-peer (P2P) lending. We have gone through more than 200 pitches (business proposals) and helped 20 companies get funding. They are companies in various sectors such as dental chain, hotel management, ice cream factory, steamboat chain, and app-based firms. However, investors such as a VC, may consolidate resources among companies under its portfolio to help the company scale up. It has disrupted the process of finding startup capital and shortened the timeline from months to a few weeks.


Source: The Star May 05, 2019 23:37 UTC



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