Banking on an Angel?

In a recent banking survey most clients responded that bank lending is still their preferred method of finance. However, equity investment immediately ranks more highly than has historically been the condition. If the proposition stacks up and each party is agreeable to its terms, private investment from the likes of a business angel is a useful source of finance particularly for amounts of between 25K-750K however is usually still used in conjunction with bank debt. So what exactly are business angels? When do they get involved? Is this the sort of investing you/ your clients should be looking at? More

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