Business Funding 
Starting a new business or growing an existing small business generally comes down to the money. You could have a great business idea, but if no one is willing to lend you the money to get started or continue growing, you’ll never get your company off the ground. There are 3 main options for how to fund a business:
1) Savings – This refers to both personal and business funds. If you’re starting up a business, you may opt to dip into personal savings for the initial capital. If you’re trying to grow an already operating business, you may have a savings account or stash of money from the business itself that you can put back into the company to continue growing it. By using the cash you have, you eliminate paying interest on funds like you would through a loan or using a credit card. The downside, however, is that if you spend your savings, then you don’t have a fall back if you need the money for something else.
2) Loans – Small business owners often turn to banks, credit unions, financial institutions, and commercial financing companies to borrow money. These loans can be for a variety of uses, including money necessary to start a new business, expand an existing business, introduce new products or services, and various other business needs. You should start the search at the bank or financial institution where you do your personal or business banking because the existing relationship you have there will help provide a foundation for the loan you need or you will get bad credit loans guaranteed approval. You should expect to write a full business plan as part of the application process.
3) Grants – These are extremely rare and are only for very specific types of businesses and very specific purposes within these businesses.
