Smart Ways To Find Instant Cash For Your Startup Company
By ajay at October 10, 2011 | 11:29 am | Print
Need instant cash for your startup company? Here are 4 useful platforms to get quick cash for startup.
4Smart Ways To Find Instant Cash For Your Startup Company
1
Kabbage provide cash advances to online merchants only. If you you have built an income stream selling products over online marketplaces then Kabbage might help you to get an advance cash for your startups.
All you have to do is just fill their application then they will immediately and automatically review your application and make a final determination of whether they can offer you an advance and, if so, how much cash they can provide you with right now.
2
Weemba would help you to get a cash in a non-traditional “social network”-like format without regard to limitations of time and geography.
Weemba uses your bank account information as the final part of a third-party automated identity validation process.
Weemba verifies the existence of your account and your access to it by sending a tiny amount of money, between 1 cent and $3.00, and asking you to enter that amount to their website once you have received it.
For using this site,all you need is to create a profile and post a project in hopes of obtaining financing from one of the many Lenders registered in Weemba.
When a Lender finds an interesting project, the Lender then may ask the potential startup owner or entrepreneur for access to their real identity, as well as private details about the project.If the entrepreneur grants access to the Lender, all further contact and any negotiations take place outside Weemba.
3
Revenue Based Financing is a new way for getting funds for your business, its for promising early-stage companies to finance the growth of their business.
Revenue Based Financing is a special kind of loan. Instead of requiring a business to pay a fixed amount and over a fixed amount of time , RBF loan entitles the lender to a fixed percentage of gross revenues until a multiple of invested capital (typically 3 – 5x) is returned.
Revenue Based Finance lenders trade steeper default, timing and rate of return risk for richer potential returns than those offered by traditional business lending (i.e. banks).
4
Wiown.com is a platform that will see online start up ideas turned into offline realities.Wiown allows you and others to join in and submit ideas. Any ideas that can make money is allowed to be submitted on Wiown.If its feasible and the crowd votes for it, Wiown funds it. Even if you have no ideas- you still benefit by just being a member!!
Wiown will take a percentage stake in your venture. Once your startup ideas profits, Wiown’s part of the money goes back into the community each time till it is sold back to you. You can collaborate with others online to make sure your idea will work first, then submit it.
The better the idea- the more people will join in and offer their valuable opinions, advise and more. After all, they benefit if your project succeeds too! Investors might even want to Invest in your Idea along the way- No problem, close the deal with them and go Private!!
