HOW TO FINANCE A PROJECT?

1. Factoring: is a contrac by which the company can recieve money from your bills in advance in exchange for assuming a percentage discount concept such invoices. The financial institution will be responsible for debiting the buyer of bills at the time the payment deadline set for compliance.

2. Get a Bank Loan: you can apply to get a loan from your local bank

3. Try crowdfunding: Crowdfunding is a financing method that involves funding a project with relatively modest contributions from a large group of individuals, rather than seeking substantial sums from a small number of investors. The funding campaign and transactions are typically conducted online through dedicated crowdfunding sites, often in conjunction with social networking sites. Depending on the project, campaign contributors may be essentially making donations, investing for a potential future return on investment (ROI), or prepaying for a product or service.

4. Angel investor: is a rich person that finances your project if he/she thinks it's worth it. When your project is completed you will have to give them their money back or let them own a part of your company.

5. Raise Money from Your Family and Friends: Hitting up family and friends is the most common way to finance a start-up. But when you turn loved ones into creditors, you're risking their financial future and jeopardizing important personal relationships. A classic mistake is approaching friends and family before a formal business plan is even in place. To avoid it, you should supply formal financial projections, as well as an evidence-based assessment of when your loved ones will see their money again. This should reduce the likelihood of unpleasant surprises. It also lets your investors know you take their money seriously. You also need to seriously consider how the arrangement will be structured. Are you offering equity? Or will this be a loan? Perhaps most importantly, you need to emphasize the risk involved. Offer up a strong business plan, but remind them there is a good chance their money will be lost. It's better to mention that upfront to Aunt Gladys rather than over Thanksgiving dinner.

6. Use a Credit Card: Using a credit card to fund your business is some serious risky business. Fall behind on your payment and your credit score gets whacked. Pay just the minimum each month and you could create a hole you'll never get out of. However, used responsibly, a credit card can get you out of the occasional jam and even extend your accounts payable period to shore up your cash flow.