What is the biggest barrier to starting a new business? A lot of entrepreneurs - and people that almost became entrepreneurs will tell you that it is finding funding.
New research suggests that more and more small businesses are being turned down for traditional business financing.
A study from alternative investment company Amicus found that one in six (16%) of small businesses had been rejected by a mainstream lender like a high street bank, and many of them were turning to alternative routes of funding instead.
But what alternative routes are available, and what types of business are they viable for? We’ve identified four of the most promising types of alternative funding and evaluated them below.