There are several sources of financing that are available to business persons.
These consist of:
• Personal: Savings, Assets which can be used as leverage in securing other funds.
• Friends and relatives: This is often called ‘love money’.
• Credit Unions
• Partners Silent Partners: Own a percentage of the business but does not play an active role in the day-today operations. You are able to maintain control over your business Active Partners: Play a role in the business.
• Potential Customers
• Government Special Programmes