Having a small business is like making your dreams into a reality. But ideas alone are not enough to build a startup small business. You need to finance it to start the building and growing it. Add to that, once you are ready to expand. You still need money to widen your business horizon.

As frequently mentioned on the blog of moneylender Cash Mart Singapore, there are various ways to fund your business aside from going to the bank or a lending company to get fast cash loan without collateral.

Unfortunately, banks are not keen to invest or give a personal loan to startups. You can’t blame them for being too risk-averse.

After all, they have been in the business for decades by being so.

However, they end up not being too open for talented entrepreneurs who are just starting up yet will big potential to change an industry. So here are three ways to fund your startup small business.

Angel Investors

You are in luck if you are a highly sociable person. Angel investors are not found just anywhere, yet you can start by asking people in your circle and local non-government organizations. Most angel investors are not interested in how much you are making right now. They are interested in the potential of your business and how far it will grow. They hope that once they exit, they can sell their shares for a better price.


If you are more into using the tech, then you can try crowdfunding. Certain websites such as Indiegogo, Kickstarter, RocketHub, Fundable, and Fundly are willing to showcase your ideas. However, be mindful that your business plan has to be as realistic as possible. You don’t want funders to expect too much on something that you can’t deliver and ruin your brand right from the kickoff.


Use what you have right now. Even Bill Gates built his billion-dollar software company in a garage, so this idea is not even new. If you have savings, you can combine it with your family or friends’ extra cash to get what you need at the moment. If you need more hands, you can hire a freelancer for short-term, projects. This way you don’t need to hire people for full-time positions yet.

Truly, if you have strong determination, financing will not a big of a deal. Take the chance to build your dream startup now, rather than let other people do it ahead of you and forever hold your peace.

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