James River Capital Corp is an investment company that has been in business since 1995. Although, it was established in 1986 as KP Futures Management Corp, it was acquired from the parent company in 1995, and its name was changed to James River Capital.
It was acquired by Paul Saunders and Kevin Brandt, who changed the name to James River Capital. Since then, things have been looking up for the firm. Their numerous awards confirm that. It is registered as a commodity trading advisor, investment advisor, and commodity pool operator.
The biggest challenge facing startups is funding. Many startups collapse within the first year of business, while others don’t even get to see the light of day. That’s why James River Capital gave a few tips on how budding entrepreneurs can fund their business venture easily. Here are the useful tips.
Try applying for a local loan
The chamber of commerce in your city and the business development center will be very eager to help you get the required loan. In addition, they may also link you up with lenders or fellow entrepreneurs who are likely to give you loan. The chamber of commerce and business development center will benefit from the success of your business in two ways.
Every business brings revenue for them and also creates jobs for the residents of the community. That’s why they’ll be very eager to help you source the required loan.
Angel investors are ready to help
There are several angel investors who are eager to invest their money and get good returns. You can search for the ones in your city. Up to 330 groups of angel investors made up the Angel Capital Association. You can begin your search from there.
You can start a crowdfunding campaign for your business idea. If your business proposal makes sense, many people will be willing to contribute a few dollars for you to execute your business plans.
Consider venture capital
This option is for entrepreneurs who require about $1 million or more. There are many venture capitalists available, but you need to provide a flawless business proposal to attract them.
Conclusively, you can try these options to fund your business. Don’t let the paucity of funds kill your dreams.