Whether it’s grants, debt or equity, having sound knowledge of the funding options available can help business owners effectively secure what they need for their next period of growth.
In this guide, three business leaders – Mitch Hancock, Director of Accounting at BlueRock, Code Like a Girl Founder & CEO Ally Watson, and KeepCup Founder Abigail Forsyth – share their growth stories and tips on how they ensured a sustainable and well-funded trajectory through appropriate growth funding.
What We Cover:
- Debt funding – such as loans or credit – offers immediate capital infusion but comes with the obligation of repayment and interest, which can strain your cash flow if not managed diligently.
- Equity funding invites investors to take a stake in your business, providing much-needed capital without debt burdens; but it dilutes ownership and may lead to a loss of control.
- Grants present an attractive, non-repayable source of funds, yet they are highly competitive and typically involve stringent compliance and reporting requirements.
