After planning your business, you will need to find a way to fund your business expenditures. Here we explore a variety of sources you can use to raise money. 


SBA Loans

  • The SBA offers SBA-guaranteed loans, loans that connect small business owners with financing offered by partner lenders and community development organizations. They offer a service called Lender Match (, which helps business owners find a lender.

Bank Loans

You can also receive loans from a bank when starting your business. Even if you do not have a long line of credit built up, places like the Self-Help Credit Union ( can help you get the capital you need and teach you about good financial practices.

Family/ Friends **

  •  Friends and family can sometimes be a good place to start when finding funding for your small business. **INSERT NUMBER percent of small businesses are actually started with funding from friends or family.

Venture Capital/ Equity

  • Sometimes, you can funding from investors by giving them a share in your company or a seat on the board. This money is different from a loan in that it is not usually expected to be paid back. Instead of getting their money back, investors get to keep the share of your company that you offered them. The SBA talks more in depth about venture capital if you are interested ( 

Using the SBA’s website, you can also find an investor through a Small Business Investment Company (SBIC) that is licensed by the SBA. When a private investor invests money in your business, the SBA will match these funds $2 to $1. Use the SBIC directory ( to find an investor to contact.