1. A line of credit:

   is a facility provided by your banking or financial partner that allows you to withdraw cash as required up to a certain amount. As a result, rather of getting the whole amount as a one-time term loan, you receive the cash on a need-to-use basis. One advantage of this kind of startup financing is that interest is only levied on the amount you are presently borrowing. Typically, a line of credit is utilised for short-term working capital to assist improve cash flow or pay unforeseen needs.

2. Credit Cards for Small Businesses:

   Because many of these products offer zero percent APR introductory periods, cashback, and rewards programmes, business credit cards may be a highly cost-effective method to fund your beginning firm. These cards may be used to cover immediate expenditures while you wait for client payments and can occasionally help you save funds for working capital or other necessities. Small company credit cards, on the other hand, are not suited for financing big capital projects owing to the loan's relatively short period and high interest rates.

3. Peer-to-Peer Loans:

   Online P2P platforms link you with people and organisations willing to invest directly. These business loans, also known as P2P financing, enable you to contact a large number of debt/income investors. Because of the risk involved for the lenders, the site charges a processing fee, and interest rates on P2P loans may reach 26 percent. To borrow from a P2P lending platform, you must also have a decent credit score.

4. Financing for Equipment:

   Equipment finance may be used to acquire commercial equipment, machinery, or cars. Dealerships, banks, and online equipment finance providers all provide equipment financing. Typically, a business loan is granted in exchange for retaining the acquired equipment, machinery, or automobiles as security, and a processing fee is also levied. The fundamental advantage of equipment financing is that you get ownership of a valuable item, the payments for which are stretched out over time (generally one to five years). Equipment financing is an excellent option for new enterprises that depend on equipment or machinery.

5. Startup Small Business Loans:

   Short-term small business loans are one of the greatest strategies to fund your new venture. These loans are made available by banks and other RBI-regulated financial service providers. Small company loans from non-banking financial .If all of your information and documentation are in order, you should have the money in your bank within three days of applying.

   The advantage of a small business loan of up to 2 crores is that it may be used for several purposes at the same time, such as purchasing goods or equipment, simplifying your working capital, and paying off pressing obligations.

6. Microcredit:

   These loans are often made to extremely tiny company beginnings with less-than-ideal credit and no assets to collateralize. These loans are made available in India via government initiatives such as the Mudra Yojna. However, the loan amount is frequently less than 50,000, making these loans unsuitable for entrepreneurs. Micro loans have the advantage of having lower interest rates and being unsecured.

7. Crowdfunding:

   Crowdfunding services online enable you to raise modest sums of money from a big number of individuals. There is, however, a distinction between P2P sites and crowdfunding platforms. You are not compelled to repay the money you get via crowdsourcing financing. It is a kind of gift made to your entrepreneurial cause by individuals who are interested in your concept. However, the rules of a crowdfunding campaign may contain a provision for an ownership stake if the firm is successful. Crowdfunding platforms often charge a one-time percentage fee depending on the amount of funds raised.

8. Angel Investing:

   Due to the debt-free nature of the financing, wealthy people who invest in your firm in return for an ownership interest are generally referred to as Angel Investors. However, funds raised from Angel Investors are frequently less than funds raised through venture capital. Angel Investors, on the other hand, are less likely to meddle with your job in the firm.

9. Venture Capital (VC):

   Venture capitalists are a group of wealthy individuals/investors who work together to form companies. VCs provide debt-free financing in return for a share of the company's stock. VCs, on the other hand, take a more hands-on approach and often force an organisational change in your company in order to recoup their investment. Furthermore, venture capitalists provide investment in stages, such as a seed round (often referred to as Series A) and future payments based on accomplishment of growth milestones.

   So that brings us to the end of our list of financial vehicles through which you may get a starting loan or investment. Because of the adaptability and flexibility of this specific financial instrument, we propose small business loans from NBFCs. Furthermore, the unsecured nature of these business loans makes the bargain even sweeter for small enterprises and startups who lack collateral.

10. Government Startup Seed Funding

    The easy availability of financing is critical for entrepreneurs in the early phases of an enterprise's development. Startups may get funding from angel investors and venture capital companies only once they have shown a proof of concept.

    Similarly, banks only provide loans to applicants who have assets to back them up. It is critical to offer initial capital to firms with an original idea in order for them to execute proof of concept testing.

    Startup India Seed Fund Scheme (SISFS) seeks to support entrepreneurs with proof of concept, prototype development, product testing, market entrance, and commercialization. This would allow these firms to progress to the point where they may seek financing from angel investors or venture capitalists, as well as loans from commercial banks or financial institutions.