Acquiring Funds for Your Startup Business: Leasing or Loans
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One of the most difficult issues for any business, especially a small business or startup, is how to raise funds for projects. Most of the entrepreneurial start-ups are born out of passion, and succumb to the rat race, only due to the financial crunch. That’s a prime reason; start-ups look for funding to bank on. But that’s not an easy stuff in any way. A startup business advisor helps you in getting a good funding from a reliable source such as banks, venture capitalists and government organizations so that you can use that potential to turn into something big. This article discusses two of the most important sources of funds for startups -- leases and loans. Leasing as a Funding Source Many small businesses and startups prefer to lease property and equipment rather than purchase it, since it is cheaper and less risky in case the business fails. Professional firms help startups hire or lease equipment and provide funds for the purpose. This is a g...