
Funding
Raising money for a business that is not a venture-backed startup: debt against equity, what lenders read, and what grants really involve.


How To Choose Between Debt And Equity
One is expensive and permanent. The other is cheaper and unforgiving.

What A Lender Actually Reads In Your Business Plan
Not the vision. The assumptions, and whether the downside case still services the debt.

What Grant Funding Actually Involves
Money that need not be repaid, in exchange for obligations that continue for years.