Research Project Essay Example | Topics and Well Written Essays - 500 words - 2

Research Project - Essay ExampleP2P is usually gathered from friends, relatives and associates or partners in business can be transacted thru internet, and due to absence of collateral, a lot of trust is required Because of the high risk involved, this kind of financing charges high interest that is a drawback to borrowers. (Investopedia).Crowd-sourcing is becoming a popular source of funding for non profitable organizations like artists, musicians, charitable organizations and nevertheless businesses that has become possible through social media. People are persuaded to give a small donation like $5, $10, or more. Gathered together, this amount grows to a fantastic amount depending on the publics response. Some examples are, The Ice-bucket Challenge that even Pres. Obama was challenged to give response another is asking for donations in return for a reward. This scheme has become so trendy that the government has stepped in to regulate.(Entrepreneur) The basics of labour funding)M icrofinance. A banking service departd to poor entrepreneurs who have no chance to qualify for standard banking services. Microfinance gives opportunity to small business owners to borrow a small not bad(p) without collateral. Microfinance loan is usually not more than several hundred dollars, payable within six months to one year. The micro finance goal is to provide silver to the low income groups to invest to a small business to get them out of poverty.(Brooks, Chad. 2013). According to Chad (2013), citing World Bank records, there are 7,000 micro financing companies that provide this service worldwide.Venture capital (VC). VC is an equity financing that answers the financing needs of an entrepreneur who is not large enough to seek capital from public commercialise and banks. Cash investments are made in exchange for shares in the company