Best Social Networks For Getting Funding For Your Business

Are you interested in establishing connections with potential lenders to fund your business? In the modern digital world, social media platforms are a great place to make connections. To get business funding, you can turn to alternative online lenders like First American Merchant, a reputable business loan provider and high risk payment processor. FAM offers unique business funding opportunities to merchants of any type and size.

What platform to choose as the most effective one where you can meet your future lender?

  1. LinkedIn

Relationships play an important part in the process of fundraising. See who can introduce you to this or that lender. Find those 2nd or 3rd degree connections that can help organize that VC meeting.

  1. Peerbackers

Peerbackers is a crowdfunding website focused on funding for entrepreneurs and innovators. Peerbackers offers education and support for entrepreneurs who want to crowdfund.

  1. CircleUp

You, as a company, can apply to be listed on CircleUp. Then, investors can try out your products, ask questions, and figure out whether they are interested in lending money. To be accepted on the platform, entrepreneurs need to be evaluated.

  1. Gust

Gust enables you to benefit from seeing what others are putting their money into. You get to leverage other people’s experiences and get acquainted with new startup trends.

  1. Kickstarter

Have a compelling story on Kickstarter. The willingness on behalf of your social network friends and followers will help you socialize your campaign.

  1. Facebook

Here you can blog and share content on a regular basis. Then, focus on promoting your content before getting into contact personally.

  1. Twitter

Twitter is great for anything mainstream, entertainment or PR. Twitter offers better options with paid advertising, retargeting, engagement and sharing.

  1. AngelList

Here you can build your company profile, post business metrics, employees and link to your product. You can quickly find investors who would like to invest in your product or industry and find common connections to get an introduction.

Remember that it’s not about one-size-fits-all approach and you can use a combination of social networks to get the necessary working capital for your business. Also, you shouldn’t target a specific network: focus on the one you’re using most so to reach ultimate results. The above-mentioned social networks can help you decide which one to use for making connections and seeking out funding for your business.

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March 22, 2017