Crowdfunding is the newest way to raise money for startups who need capital. But not all crowdfunding is alike. Learn how to determine which crowdfunding platform is the best one for your business.
article by Diane Shawe M.Ed
All kinds of projects such as Businesses, nonprofits, artists, and entrepreneurs have all succeeded in raising some startup or expansion funds by presenting their campaigns on one of the many crowd funding platforms that have sprung up in recent years mainly due to the failure of banks to champion real business growth that requires an element of risk.
But as it becomes even more popular, the organisers are now wanting to ensure that their investors get a return on their often small investments. Crowdfunding isn’t a simply process of signing up for a service and listing your financial needs. The first step is finding the platform that is just right for your business and one other thing to take into consideration is the crowdfunding body assessing if your right for them.
Listed below is a brief Introduction to Various Types of Crowdfunding Sites and their links.
These are just a few. There are plenty more.
Crowdfunding sites for independent artists and people spearheading creative projects include:
LendInvest is a marketplace lending platform for residential and commercial mortgages. All loans on the LendInvest platform are secured by a registered legal charge against property in the UK.
Mortagage Peer to Peer Lending
Crowdfunding sites such as Kickstarter, Fundable and Indiegogo are responsible for some of the coolest projects coming out right now. The sky’s the limit when it comes to these projects. Everything from a music label deal to food companies, there is something for everyone.