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2019 Business Funding Options

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Out with the old, in with the new. 2019 business funding is already showing new ways for business owners to grow and sustain their companies. While much of the industry hasn’t drastically changed, there are still new options business owners should be aware of that might suit their financial needs better than financing plans offered in the past.


The best funding option depends on your business’s current financial situation, not where is was a month ago and not where you want it to be in a year. The first step of finding funding is to be honest with yourself and your funding source about the cash flow and operations of your company.

Debt can be a scary word. However, debt is actually a good thing, as long as you don’t over leverage yourself beyond means of repayment. It lets you expand, educate, innovate, and upgrade. Smart small business owners know how crucial financing a small business with debt can be in order to remain a thriving operation.

What options do I have when I need business funding?

  • Traditional Term Loans – Best for established businesses with higher credit scores.
  • SBA Loans – Best for established business owners with proven long-term profits. Business Lines of Credit- Best for business owners who need flexible or long term working capital.
  • Funding – Best for businesses denied by banks for low credit scores, or who need immediate financing.
  • Business Credit Cards – Best for startups with little to no business history but good personal credit.
  • Equipment Financing – Best for purchasing large, expensive equipment.
  • Short-Term Loans – Best for less-established business owners with poor credit scores.
  • Grants – Best for startup businesses with a mission or niche.
  • Crowdfunding – Best for B2C startup businesses.

Consolidated into two types of financing:

  • Debt – this borrowing money from a lender and paying it back over time with some type of interest. Examples include all types of loans, cash advances and credits.
  • Equity – this is trading a percentage of ownership away in exchange for working capital or even advice and guidance from an investor. Examples include angel investors, venture capital firms, friends and family.
  • Other – this is a collection of other miscellaneous cash flow influx sources. Examples include using personal or retirement savings, crowdfunding, competitions, or grants.

Can I get a business loan with a bad credit score?

Yes! You’re not alone in your search for funding for businesses with bad credit scores. Many businesses looking to grow are still burdened with bad credit scores from lingering startup costs, previous expansion ventures, and other unexpected causes of dips in revenue.

Given the strict barriers put in place by government loans, many business owners turn to alternative funding for their financial needs. Alternative funding is more than just a way to receive an influx in working capital. 2019 is already seeing great growth in the industry. Funding companies are offering additional programs for merchants looking for financing, such as short term funding, lines of credit, credit cards, and more to be released later in 2019.

Alternative funding is here to help small businesses get the working capital they need to succeed. Click here to speak to a FundKite financing specialist about the best 2019 business funding options for your company.