These days, banks are hesitant about lending large amounts of money to new companies. If you walk into a bank, there’s a pretty good chance that you’ll be refused.

So, what do you do if you need financing for a new project or business expansion? Well, you can seek venture capital, but it’s essential to think the decision through because this process demands focus, hard work, and, most importantly, perspective. At any rate, capital is offered in exchange for equity, generally a minority stake. Unless there are no red flags, you’ll receive much-needed funding in no time. READ MORE