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How can we get funding for a website start-up ?

We need funding to recruit some developers in order to improve and optimise the website, also for the advertising and administrative tasks. The problem is that we are out of money, so mentors, can you lead me with a peace of advice ? Thanks in advance.

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Hi Zemrak. Some sources of loan / funding / grants are family members, friends, partners, government entities, banks, credit unions, individual lenders, online crowdfunding, financiers in business incubators ("angel" investors), mortgages, savings, and some combinations of the above. Important preliminary elements to consider, when looking for financing a business, are to explain and demonstrate: a) personal financial situation, b) credit history, c) belongings and possible collateral (to leave "in pledge") , d) loan amount (well justified), e) business plan (where previous market evaluation and finance sub-plan are keys), etc. Before signing a contract be sure to read the terms and conditions very well, without skipping "the fine print". If in doubt, do not sign and consult a lawyer. Beware of the practice of usury, that is excessive charges on a loan. Success in your endeavor.

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