LinkBack URL
About LinkBacksHey Guys,
I was just wondering which one is better for small businesses.
Bank loans are harder to get and they would want collateral property.
Guru's what do u think?
Banned
Hey Guys,
I was just wondering which one is better for small businesses.
Bank loans are harder to get and they would want collateral property.
Guru's what do u think?
It depends on the situation and a weighing of your priorities:
Maintaining control of your company? Advantage: Loan
Limiting your personal liability? Advantage: VC
Maximizing profits? Advantage: VC (Not constrained by debt obligations)
Long-term success? Advantage: Loan (Not constrained by VC interest to "get out" within 2-3 years)
These are just a few main considerations. Keep in mind, though, that bank loans and VC investments are not the only options for funding.
YE Veteran
Your question is subjective, of course. But based on my own personal experience, Bank of America is extremely small business friendly.Originally Posted by gofrugal
Dale King
Personally, I prefer a loan to VC.
Posting Permissions
Featured on:
Copyright © 2011 Entrepreneur Media, Inc. All rights reserved.
Disclosure: You should assume that the owner of this website is an affiliate for providers of goods and services mentioned on this website and in the videos. The owner may be compensated when you purchase from a provider. Perform due diligence before purchasing from this or any other website.
Reply With Quote