Proper capitalization can be a tough feat for small businesses. The VC and Angel industry seem to be a good avenue for well developed ideas, however, what about getting to the seed stage? There is self-funding, friends, family…credit cards….and Kabbage.
Kabbage has hooked up with Xero to capitalize small businesses that use Xero accounting software. You can check out the press announcement here. Or sign up here.
As a disclaimer, and just general practice, always thoughtfully consider taking on debt. i.e. what are you going to do with the money? Will it develop your idea? Create an ROI?
Please reach out if you’d like to develop a capitalization plan or to discuss how we can help you execute an already developed plan.