In a recent edition of its Entrepreneurship Policy Digest, the
Kauffman Foundation provides interesting data on the types of
funding relied upon by emerging companies. The report notes
that approximately 40% of startup capital is in the form of bank
debt. The report also notes the increased reliance by
entrepreneurs on online lending platforms. For example,
according to the report, in the first half of 2014, over 20% of
startups applied for loans through these platforms. The
findings may be found here:
http://www.kauffman.org/~/media/kauffman_org/resources/2015/entrepreneurship%20policy%20digest/june%202015/how_entrepreneurs_access_capital_and_get_funded.pdf.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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