Money is the blood line for every business, without it business can’t sustain. Every year thousands business get started and get closed after running for few months or year just because of money. For generating revenue from your idea is quit tedious task as for this you need a fuel name capital. That’s why at every stage of business, entrepreneurs find themselves asking- how do get finance for my start up.
Below are the some different sources of funding for your start up that will help you to raise capital :
Bootstrapping your startup business:
Boot strapping mean self funding, it is an efficient way of start up financing, specialy when you are just starting your business. You can invest from your own funding or take help from your family, friends to contribute.
- No paper work, less risk
- Own money, own risk
- Not ample amount of money is available
Angel investors are individuals with surplus cash and a keen interest to invest in upcoming startups. They also work in groups of networks to collectively screen the proposals before investing. They can also offer mentoring or advice alongside capital.
- No need of collateral
- No repayments
- Takes time to find suitable angel investor
An individual or organisation made investment in pre-profitability business by company which pools money from individuals and institutions
- This investment is comparatively less risky since revenue stream is proven
- Loss of control
Raise money through Bank loan
For every start up banks are the main source for funding but it difficult to get, banks always provide fund against the collateral.
- Get tax benefits against interest
- Easy option comparatively from other sources
- More paper work
- Collateral deposit
Loans Form NBFCs
For start up companies NBFC are also good source of funding, as these institution provide loan easily compare to banks.
- Less paper work compare to banks
- Customer friendly
- High interest rate
Funding from Government program
Government also launch scheme for accelerating business in economy. Example government has raised MUDRA loan under which starts with an initial corpus of Rs. 20,000 crore to extend benefits to around 10 lakhs SMEs.
- Authentic source of funding
- Get funding at subsidise rate
- Lengthy process
- Get funding of less amount
At Corpseed, we are committed to offer our services to the entrepreneurs and businesses as a very cost-effective proposition. We believe that a customer is always right and the focus of any business activity should be to serve the customer with utmost loyalty. All our services come with SLAs (Service Level Agreements) for on-time service delivery and money back guarantee to ensure high level of customer satisfaction.
At Corpseed, our valued customers are always kept in the loop as far as service delivery timeline is concerned and we inform our customers every time a milestone is achieved during each stage of service request processing. But we also believe that we may come across a customer who is not satisfied with our efforts. For that we have a very responsive Customer Care Department which work 24x7 to attend to and solve customer complaints. We also have a money back guarantee for those, who want their service charges to be refunded.
At Corpseed, We believe it is our responsibility to protect our customer information from unauthorized access. We have put systems and processes in place to make sure that the customer information is safe with us during its storage and transfer between in house and third party servers. We continuously test our systems and processes for security breach and vulnerabilities are identified and fixed at a regular basis.
If a customer is not satisfied with the service we provided and if he contacts our customer care helpline and files a formal complaint within 15 days of service delivery date, Corpseed would refund the entire or partial amount of Professional Fee charged for that particular service.
If a customer is having issues with our service delivery process, he has various alternatives available at his disposal to register his grievance with us. He can either email his complaint at email@example.com or he can call our 24x7 Customer Care Helpline. Also, any customer is always welcome to visit our office to lodge a complaint with the senior management.
A customer can buy our services directly from our online platform, for which he need to make online payment. Once he clicks on "Apply Now", a new window will open, a customer is required to submit the information in the respective fields and click "Make Payment". A unique ticket number will be auto generated, the customer need to quote this number as reference for any enquiry regarding his service request.
All the monetary transactions performed on Corpseed online platform are secured with SSL System Protocol. We encrypt the customer information such as credit card and bank account details, before these are transmitted anywhere. We adhere to PCI DSS for data security standards for payment processing.
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