By Karl James
Once upon a time and certainly before the financial crash of 2008 if you wished to secure some business funding you could go to a bank or get a personal loan with relatively little difficulty. Although the economy has improved over the last two-three years it is now more difficult to secure funding via this traditional route.
Crowdfunding is an internet driven idea where several (or even hundreds of small lenders) join together and lend finance to people and projects. These projects might be interesting, innovative or simply a tried and trusted formula and this funding route can be accountable, quick and easy.
Crowdfunding is an internet driven idea where several (or even hundreds of small lenders) join together and lend finance to people and projects.
Crowdfunding, although popular, is still not a major feature of mainstream reporting and this topic can still be a mystery to the man on the street. It needs one famous business leader to fire it into the mainstream – this woman could be Society Nine’s Lynn Le – she has built up a small army of followers to her brand. She further accelerates her brand by giving offers, her site for ‘badass women’ provides you with a link when you enter her to put down your email – you then receive periodic offers as well as updates of new products. The site is also very modern and links in well to social media, it also quite successfully attempts to smash the pre conception that only men do boxing. It’s clear that the sport offers fantastic fitness and a way to get rid of any tension.
With the recent Klitschko vs Fury title match, men’s boxing was once again in the media spotlight but women’s boxing is becoming also ever more popular. This can be seen at leading sites like Coral where you can view the latest odds and predict the outcome of top bouts with boxing and other mainstream sports. Carly Baker is the Coral girl offering free bet promotions right now so you could even win by getting involved the next large boxing event. Society Nine can once again pick up on this latest news story as Boxing attracts more women to the sport as they see the value in the range and intensity of exercise that the sport offers.
If you don’t fancy getting your boxing gloves on there are a number of crowdfunding options on the market – these include Crowd Funder and Crowd Cube which are popular in creative industry. The greatest thing about this funding route is that everything is clear, relatively easy to understand and user-friendly. Although these routes will never 100% replace the banks and bricks and mortar it will certainly find more strength in the years to come.
The greatest thing about this funding route is that everything is clear, relatively easy to understand and user-friendly. Although these routes will never 100% replace the banks and bricks and mortar it will certainly find more strength in the years to come.
So if you are a self-starter with a punchy attitude like Lynn Le or someone establish in business social funding is a route definitely worth considering for your next move.