Over on BofA’s Small Business Community, someone asked (“Securing business financing“):
Hello! and Happy New Year!
I was wondering could someone please advise me on ways I can secure business financing for my business, operating since January 2009. I already know that I will not be approve for traditional financing so I am not seeking traditional loans.
I’m looking to secure about 200k to finance a multi-niche exciting blog. I need to hire a team of Social Media Manager, SEO experts, Writers, Editors to make it one of the top ten blogs. We will also put together an expert panel that will offer live on-line training services, also.
I am looking for non-traditional sources of financing. I do have a business and marketing plan. Thanks for your input.
Seems safe to say they are almost definitely going to have a hard time finding funding for a multi-niche blog, but that doesn’t mean it’s impossible…
My response sent them to a blog post of highlights from the recent Access to Capital event (“Want Funding? 54 Insights from…“) that included videos, presentations, tips, etc. on topics like alternative funding, startup funding and crowdfunding. My hope was to inspire them to seek out a resource they might not have otherwise considered… but know there must be other resources out there.
Where would you send someone looking for a non-traditional source to fund their business?