Small business owners in Toronto and the surrounding areas now have a better chance of getting private funding. A group of private investors are holding business pitching events for these entrepreneurs to present their business.
Why private investor?
Traditionally business owners usually are financed either from personal savings, borrowings from family and friends, or by loans from commercial banks. But in reality, personal savings and borrowings are seldom sufficient to facilitate the expansion of a profitable business. Bank loans are very difficult to get for start up companies with no credits or collateral. In the past 20-30 years the concept of venture capitalists gained popularity in the small to medium enterprises’ world. These private investors are more willing to take the risks investing in small companies that they believe have great potential, in exchange for part of the companies.
pitchyourbusiness.ca now offers live private investor meeting sessions in Toronto
Small business owners gets to meet a group of private investors, each from a different background, in a boardroom setup. These investors are from industries covering international trade, retail, mortgages, leasing, insurance, R&D grants, franchises, real estate and financial. Business owners get to make their investment pitch to these board of investors, and receive funding and feedback. Unlike similar events in open environments, all events by pitchyourbusiness.ca are held in confidence so that the unique business ideas would not be disclosed to potential competitors.
At Winflow Financial Group, our consultants help entrepreneurs with our experience. Tell us about your business or investment today and find out how we can help your business save money and grow.