It costs money to start a business. Funding your business is one of the first — and most important — financial choices most business owners make. How you choose to fund your business could affect how you structure and run your business.
The financing channel looks at the different small business funding options available to start-up businesses and established SME businesses looking to grow. Get a wealth of advice and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.
Range of Services
Otherwise known as bootstrapping, self-funding lets you leverage your own financial resources to support your business. Self-funding can come in the form of turning to family and friends for capital, using your savings accounts. With self-funding, you retain complete control over the business but you also take on all the risk yourself
If you want to retain complete control of your business, but don’t have enough funds to start, consider a small business loan.
To increase your chances of securing a loan, you should have a detailed project report with financial projections. We will help you in preparing the DPR and other documentation to contact banks and credit unions to request a loan.
Investors can give you funding to start your business in the form of venture capital investments. Venture capital is normally offered in exchange for an ownership share an active role in the company.
Venture capital differs from traditional financing in a number of important ways. Venture capital typically:
I – Focuses high-growth companies
II – Invests capital in return for equity, rather than debt (it’s not a loan)
III – Takes higher risks in exchange for potential higher returns
IV – Has a longer investment horizon than traditional financing
TFSC endeavors to assist the vibrant sector of Small and Tiny Industries in the changing scenario. The centre was inaugurated on August 26, 1992, by Shri. R.Venkataraman, Former President of India.
The Mission is to enable the small industries to attain all-round capabilities and to lead the way towards high performance thereby enhancing their participation in the national and global economy.
To emerge as a nodal state of the art service centre in the service of SMEs.
We at TANSTIA-FNF Service Centre, strive to provide high-quality services, better value addition and quick responses at all times to our esteemed customers, especially SMEs, in line with their needs and expectations. Together we will create an organization climate, which will sustain our efforts by teamwork, innovation and continuous improvement.
Trustee-TFSC-General Secretary- TANSTIA
Trustee-TFSC-Vice President-Madurai Region
Trustee-TFSC-Vice President-Coimbatore Region
Trustee-TFSC-Vice President-Trichy Region
Trustee-TFSC-Vice President-Chennai Region
TFSC- Trustee-Past Chairman TFSC-Past President TANSTIA
TFSC- Trustee-Imm Chairman TFSC-Imm TANSTIA