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National Business Incubator Association

BUSINESS FINANCE

Three Stages of Business Financing1

  1. Seed Capital

    1. Prototypes

    2. Research

    3. Test Marketing

    4. Usual Source: Personal Funds

     

  2. Start-up Financing

    1. Equipment

    2. Supplies

    3. Inventory

    4. Deposits

    5. Operating Shortfalls

    6. Usual Source: Banks, SBA, Investors

     

  3. Growth Capital

    1. Add Products or Markets

    2. Add Personnel Expansion, Space and Equipment

    3. Usual Source: Investors, Banks and Venture Capital

1 Courtesy of the Center for Entrepreneurial Excellence, Mobile

Business Loan Programs in Baldwin County

Click here to go to the Alliance's list of sources of business funding in our area.

  

This page updated 4/11/2012