There are a number of effective ways to borrow money for your business, both for short-term cash-flow purposes or for long-term growth. Every business is different and there are lots of different options to suit your needs. Pheabs shares their best options below for when you need to borrow money for your business, including:
- Business loans
- Personal loans
- Business credit cards
- Invoice factoring
- Borrowing from family and friends
- Angel investment
- VC funding