4 Reasons Small Businesses are Using Alternative Funding for Growth
Since the 2008 financial crisis, most small businesses and individuals looking to launch their startups have had limited options in securing funding. What was once considered an economic anchor of the United States, small businesses now account for less than 50 percent of the GDP. In contrast, business investments have continued to see only modest growth since the pandemic. Traditional funding methods like small business loan programs, venture capitalist and angel investment opportunities, and public or private grants are still promising options. However, in the present economy, company fundin...