
BUSINESS FUNDING
Financial Resources
Funding can come in many forms, from grants and loans to crowdsourcing. Learn ways to generate capital for your business

SMALL BUSINESS GRANTS
FEDERAL, STATE AND CORPORATE
FEDERAL GOVERNMENT GRANTS
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Generally, government grants are usually specifically for those in the field of technology, agriculture or urban development. Click here to learn more about available Federal grants.
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Visit USA.gov (The Official Government Grant and Loan Website)
STATE GOVERNMENT GRANTS
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Like federal grants, state grants have certain criteria that have to be met and the money has to be used in a certain way, but they're easier to obtain than federal. Each individual state has specific types of grants available, to find grants available in your state:
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Click here to read; "Small Business Grants: 107 Ways to Get Free Money for Your Business" - Fundera
CORPORATE BUSINESS GRANTS
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Corporate grants aren't as specific as Federal and State grants, they may be a little more flexible in the requirements depending on your business idea. These businesses understand that this is free money for you and publicity for them.
Getting grant money isn't as stringent trying to get a state grant or loan, but it's still a process.
Make sure that you read all requirements and follow any directions given by the grantor. You wouldn't want to miss out on free money for omitting a small piece of data or not following through with required steps.
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Click here read; "Small Business Grants: 107 Ways to Get Free Money for Your Business" - Fundera

SMALL BUSINESS LOANS
WHAT LENDERS LOOK FOR
SMALL BUSINESS LOAN (SBA)
Visit SBA.gov to learn more about their loan requirements
YOUR BANK - THE USUAL CRITERIA
When a small-business owner requests funding, lenders almost always check the owner’s personal credit. So having a good personal credit score is essential. Building great credit for the business itself is also very useful when trying to get a good business loan.
Lenders look at the debt-to-income ratio of a business when assessing its risk. The higher a business’s cash flow and income, the better the chances it has of getting a loan.
New businesses often have difficulty getting funding because most lenders only lend to businesses with a track record of at least two years
The other part of the debt-to-income ratio is debt. Businesses and borrowers with too much debt will have difficulty getting new loans.
Lenders view debt backed by things of value as less risky, so collateral-based loans can be easier to get and have lower interest rates.
During the loan approval process, lenders assess the risk of your type of business. Some industries are easier to get loans in than others
Read "6 Most Important Business Loan Requirements" - Business.org

INVESTORS
HOW TO FIND THEM OVERVIEW
WHAT TO LOOK FOR
When searching for investors, look for "Investors", "Angel Investors" or "Venture Capitalist firms". During your search, be sure to do enough background research to know if the investor is reputable and has experience working with startup companies.
Share Your Business Plan
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Once you find an investor, share your business plan and follow any steps required for submittal by the firm
What's Next
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The investor will review your business plan to make sure it meets their investing criteria.
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due diligence review (the company will look at your team and your business practices)Go through the investors' Once the investor(s) have made their review, you will go over contract terms with the company
If They Want to Invest
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The next step is to agree on a term sheet that describes the terms and conditions for the fund to make an investment.
Investment
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Once you agree on a term sheet, you can get the investment.
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Once a venture fund has invested, it becomes actively involved in the company.
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Learn more about Venture Capitalist
CROWDFUNDING
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Crowdfunding offers a way for you to present your product and other show their support by donating or sharing your post. There are various platforms for crowdfunding and some are specifically targeted for clothing. Click here to view the list of crowdfunding platforms designed to help designers clothing business start-ups
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Click here to read; "Top Crowdfunding Fashion Sites" - The Balance Small Business
ANGEL INVESTORS
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An angel i investor is a person that invests in a business venture, providing capital for start-up or expansion.
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Learn about what an angel investor is, and the pros and cons of doing business with them.
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Click here to read; "The Pros and Cons of Angel Investors" - The Balance Small Business
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Click here to read; "20 Things All Entrepreneurs Should Know About Angel Investors" - Forbes
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Find Investors: Angel Investment Network - https://www.angelinvestmentnetwork.us/find-investors