Have you become aware of a new trend in raising small sums of money called crowd funding? This allows people to group together and and pool their resources to help fund a busines project. Used carefully, it does provide an extra answer to the problem of raising small sums of genuine risk capital. It is aslo helping companies to side step the banks when looking for loans…at a time when it is clear that banks are not providing new lending to small business.
If you have tried on sites such as Crowdcube, let us know how you find the exeprience…either as an investor or a recipient of funds.