Staying on top of alternate sources of financing is important these days if your bank does not have as much money to lend or is very tight with what is available.
Private equity is a broad category that includes venture capital investments in early-stage businesses, financing in exchange for partial ownership, and takeovers of private or public businesses.
According to an article in the Portland Business Journal, private equity spending was down 87% in 2008 compared to 2007 and has come to a stand still in 2009.
What are some of the other sources available to your business borrowers?
