First Year Celebration – Crowd Sourced Funding One Year Old!
Empowering SMEs (Issue 049)
This is something to celebrate because the biggest change in financing arrangements for small businesses and medium-sized enterprises – private companies turned one on 19 October 2019.
Crowd Sourced Funding Equity Raising could be of significant benefit for your company, if you meet the basic eligibility requirements:
- group turnover under $25 million annually
- group asset value under $25 million
- not registered on a Stock Exchange anywhere in the world
Do you want to grow your business?
Have you got a good business?
Do you have a vision – energy – enthusiasm?
If your business meets these characteristics, you could be able to raise up to $5 million in a 12 month period from the public.
Have you tried to raise finance from your bank but are running into problems following the tightening up of lending guidelines since the Banking Royal Commission? Or even if you are offered a loan, are you having trouble finding the security that the bank requires?
Crowd Sourced Funding Equity Raising does not require the company to produce any security, or to make monthly repayments of principal and interest or the directors and in some cases shareholders to issue personal guarantees.
Most people find it very difficult to grow and develop their businesses if they do not have access to “cash to finance the business growth”. Crowd Source Funding Equity Raising offers significant opportunities for many business operators to raise capital to fund business growth and expansion and it is now available in Australia (Australia is about seven years behind the other major countries with this significant financing opportunity which represents the biggest improvement for Australian small and medium-sized businesses for the last 35 years).
Want to know more about how Crowd Sourced Funding Equity Raising may be able to assist you in your business? If so, please join us for a “Free Webinar” on Wednesday, 30 October 2019 at 11.30am AEST (12.30pm AEDT) – to register please click here.
Want to know more about ESS Small Business? – If so please visit our website www.esssmallbusiness.com.au where you can view a range of material - some articles free some articles for a fee on Crowd Sourced Funding Equity Raising and a range of other material which will assist you to run a better business.
If you have any questions that you would like to discuss with us prior to the webinar, please send me an email: peter@essbiztools.com.au or telephone 1800 232 088.
