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Financing outlook for 2009

So what will be the watchwords for financing entrepreneurial ventures in 2009?  Bootstrapping and Angel investments.Dr. Jeff Cornwall

I have had some interesting conversations with several small business-friendly bankers over the past couple of weeks.  They are telling me that with the tight margins created by the interest rate cuts, they will be very stingy with new lending for entrepreneurial deals during the foreseeable future.  And that was before the recent cut by the Fed.

Family and friends will be tight on investing in new deals as their investment portfolios have tanked. They no longer feel wealthy, so will not be as interested in altruistic investments into high risk start-ups. Read more:

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This entry was posted on Sunday, December 21st, 2008 at 4:46 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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