Why DIY Capital Raising Might Be For You

There are many reasons a business cannot get long term funding as stated here and that is when many businesses start thinking about engaging a funding consultant to make the process easier and faster.  

However, engaging a funding consultant like our firm can cost money and if you have the time for a more hands on approach you can consider using our online resources to get the funding using your own direct efforts (DIY).   

 

The DIY Process Option

The DIY Process using this website;

  1. Browse and select business opportunities
  2. Get the matching business plan in the store.
  3. Use the quiz above to check for the type of funding that suits your business needs.
  4. Find funding institutions active in Nigeria, addresses and their products
  5. Select the funding product that matches your needs
  6. Check for funding requirements/documentation and identify the ones you lack.
  7. Ask for our list to select a professional to prepare outstanding funding requirements. Let us know If you cannot find any that match your needs.
  8. Collate all required funding documents and approach the selected funding institution.

No time to do all this? You can always use our funding facilitation service.

Option 2: Let guide you through the process

Book an appointment(s) with us so that we can answer your specific questions and concerns regarding funding and offer more explanation about the resources and information contained on our site.

Book an appointment

Option 3: Let us do it for you

We have been helping our clients get funding for over 12 years so we can make the funding process less stressful and time consuming. Start the process here or book an appointment by clicking below’

Book an appointment

Frequently Asked Questions (FAQ)

There are many business sectors in Nigeria with the oil sector and non- oil sector being the largest broad categories. The non-oil sector is further divided into manufacturing, agriculture and services categories.

We can facilitate funding for all the business sectors in Nigeria.

 

There is no lower or upper limit for the funding we can facilitate for you.

However, we recommend that you use the DIY option if you are looking for funding which is less than N10million or a hybrid approach using option 2. 

We do charge a facilitation service fee and a DIY option will be cheaper if you are looking to raise funding of less than N10million. 

However, the decision is yours to make so if you prefer to use our customized facilitation service regardless of the funding amount you need please use option 3 and contact us directly.

We can facilitate funding in Naira, US Dollar and Pounds sterling. However, we strongly advise that businesses should only seek foreign currency denominated funding if their sales or revenue is also earned in that foreign currency.

There are many ways to fund your business with the 3 main types being loans, equity and grants.

Debt financing involves the borrowing of money and paying it back with interest. The most common form of debt financing is a loan. The lender has no ownership control over the borrower’s business. Once the borrower pays the loan back, the relationship with the financier ends. 

Equity financing involves selling a portion of a company’s equity in return for capital. With equity financing is that there is no legal obligation to repay the money acquired unless the business makes a profit. 

However, equity holders have ownership control over the business. You will have to share profits and consult with them on company decisions. The only way to remove equity investors is to buy them out.

A grant is an award, usually financial, given by one entity (typically a company, foundation, or government) to an individual or a company to facilitate a goal or incentivize performance. Business grants are essentially money gifts that do not have to be paid back.

 

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