There may be various options, depending on your circumstances, but they could include:
- Back yourself – use your savings, credit cards, or personal assets
- Family and friends – borrow monies from your nearest and dearest AND pay interest
- Bank loan – compare rates at InfoChoice
- On-line loan – e.g. Moula, OnDeck
- Peer-to-peer lending (P2P) g. SocietyOne, RateSetter
- Crowdfunders –g. Pozible, www.pozible.com.au Kickstarter
- Angel investors – e.g. Angel Investment Network, Business angels
- Grants, awards, government programs – see INNOVIC’s free monthly newsletter for details
Need help? Call INNOVIC on (03) 8060 3504 or www.innovic.com.au