{"id":2878,"date":"2020-03-23T18:07:11","date_gmt":"2020-03-23T18:07:11","guid":{"rendered":"http:\/\/localhost\/2020\/swoopMW20\/?post_type=knowledge-hub&p=2878"},"modified":"2022-12-01T09:47:47","modified_gmt":"2022-12-01T09:47:47","slug":"startup-finance","status":"publish","type":"knowledge-hub","link":"https:\/\/swoopfunding.com\/au\/knowledge-hub\/startup-finance\/","title":{"rendered":"Startup finance"},"content":{"rendered":"\n

Startup finance is a broad term that refers to any kind of finance (i.e. <\/em>debt finance<\/em><\/a>, <\/em>equity finance<\/em><\/a> or grant funding) that a startup business might need in order to launch and grow. It\u2019s sometimes used interchangeably with \u2018seed capital\u2019, though startup finance is usually a longer-term arrangement.<\/em><\/p>\n\n\n\n

Let\u2019s say you\u2019re a startup business. You\u2019ve got a great idea. You might also have a team in place, a business plan, a budget and a figure for the amount of finance you need in order to meet your short-term needs and grow. You might decide you need funding for, say, three years to cover development costs and startup losses. Perhaps you\u2019ll need finance even after you\u2019ve reached break-even point, especially if your business is seasonal.<\/p>\n\n\n\n

The good news is that there are lots of options for startup finance, spanning debt finance<\/a>, grant funding and equity finance<\/a> from crowdfunding or external investors.<\/p>\n\n\n\n

For short-term finance you might consider an overdraft<\/a> (paying interest only on the amount you\u2019re overdrawn each day), factoring<\/a> (selling accounts receivable), a credit card<\/a>, purchase order finance<\/a> or other types of working capital finance<\/a>.<\/p>\n\n\n\n

You might find that your business doesn\u2019t currently meet the lending criteria for any longer-term business loan<\/a> . Or perhaps you just don\u2019t want to take out a traditional loan. You could instead investigate crowdfunding<\/a>, peer-to-peer lending<\/a>, business angels<\/a>, venture capital<\/a> and other types of alternative finance<\/a>. Your business might also be eligible for grant funding or for one or more of the government\u2019s schemes to reduce taxes. Your finance needs will inevitably change as your business grows \u2013 as will the types of finance options open to you. It\u2019s worth exploring all options and regularly speaking to a professional before you commit to any financing route. <\/p>\n","protected":false},"excerpt":{"rendered":"

Startup finance is a broad term that refers to any kind of finance (i.e. debt finance, equity finance or grant funding) that a startup business might need in order to launch and grow. It\u2019s sometimes used interchangeably with \u2018seed capital\u2019, though startup finance is usually a longer-term arrangement. Let\u2019s say you\u2019re a startup business. You\u2019ve got a great idea. […]<\/p>\n","protected":false},"author":52,"menu_order":47,"template":"","segment":[1637],"class_list":["post-2878","knowledge-hub","type-knowledge-hub","status-publish","hentry","segment-types-of-finance"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_blog_full":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"

Startup finance is a broad term that refers to any kind of finance (i.e. debt finance, equity finance or grant funding) that a startup business might need in order to launch and grow. It\u2019s sometimes used interchangeably with \u2018seed capital\u2019, though startup finance is usually a longer-term arrangement. Let\u2019s say you\u2019re a startup business. You\u2019ve got a great idea. You might also have a team in place, a business plan, a budget and a figure for the amount of finance you need in order to meet your short-term needs and grow. You might decide you need funding for, say, three years to cover development…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"edwardz","url":"https:\/\/swoopfunding.com\/au\/author\/edwardz\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/knowledge-hub\/2878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/knowledge-hub"}],"about":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/types\/knowledge-hub"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/users\/52"}],"version-history":[{"count":0,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/knowledge-hub\/2878\/revisions"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/media?parent=2878"}],"wp:term":[{"taxonomy":"segment","embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/segment?post=2878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}