E. Asset-based Lending
These loans are typically tied to credit card sales or bank deposits so that the lender receives a small payment each time your business receives payment from a customer or client.
| Advantages: | Disadvantages: |
| In addition to helping you get the money you need, investors usually bring experience, industry knowledge, and connections that can help your business succeed. | Besides being difficult to secure, investors require a significant amount of ownership and control in the business. You may need to explain your actions and negotiate with your investors on all major decisions. |