22. Online Loans:
Apply for loan online from websites such as carbon, Aella credit, branch, fairmoney, QuickBooks, renmoney, Zedvance etc.

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24. Fund Scheme:

You can get funds for your business through Social Intervention fund of the Federal Government, Grofin fund, Tony Elumelu fund, Lagos State Employment Trust Fund etc.

25. Industry Leaders:

Ask individuals and businesses that are leaders in your industry for a loan. They are more likely to be sympathetic to your needs and understand your goals than big banks.

26. Ask for Advice:

Advisors often want to put money behind their involvement, so find loan opportunities by seeking out help.

Creative Financing:

Check out these ideas for truly creative ways to find extra cash through innovative programs and even more risky lending.

27. Vendor Financing:
Discuss payment and leasing options with your vendors so you don't have to buy supplies and equipment outright.

28. Assign a CD:

Get instant gratification on a certificate of deposit by assigning it.

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29. Revolving Loan funds:

Get a loan through a revolving loan fund, and once you've paid it back, it can be used by another budding entrepreneur.

30. Esusu
Esusus are just like a revolving loan fund, except the system is managed among a group of peers. Use an Esusu to pool your money, and you'll each get a turn to use it and repay it.

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31. Asset Sales:
Sell an asset like computer equipment to someone you trust, and have them lease them back to you for a fair price. You will get a nice amount of capital that you pay back overtime.

32. Commercial Finance Lines:
Often used by franchisees, commercial finance lines are similar to vendor loans and are used for small ticket equipment.

33. Gofundme.com:
This is an online avenue for obtaining grants and the beauty of this medium is that such grants are not repaid. A lot of people have benefited from this site as such. Nigerians too should benefit by logging on the site for further enquiries.

From Production to Consumption

34. Purchase Order Financing:

Just like advance pay programs, purchase order financing gives you a loan based on projected future earning.

35. Supplier Guarantees:
Use a financial institution to guarantee that any receivables will be paid directly to your suppliers.

36. Margin Loan:
Margin loans aren't just for buying securities. You can get these loans with flexible repayment terms, but you have to be careful not to default, or your brokerage firm can sell your securities.

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37. Investment Bank:
Many investment banks like Stanbic IBTC have loan products that carter for small businesses and entrepreneurs.

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38. Factoring:
Account receivables factoring companies leverage your account receivables into cash, allowing you to sell open invoices.

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39. Community Development Financial Institutions:
If you are in an underserved market, you can get financing and development services from a CDFI.

40. Fan Club:

Raise money by managing a fan club for a celebrity.

41. Royalty Financing:

Sell the rights to a percentage of revenue from your business to get funds upfront.

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42. Community Loan:

Ask for micro-loans from members of your community if your business will fill a need, like a supermarket.

43. Securities-based Lending

Put your securities up on the block for short term funding.

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