What is business financing? Updated for 2024

What is business financing by Tony de Bree

Updated: June 23, 2024

What is business financing? 

How to finance your business during a crisis like Covid-19 is a critical topic for corporates, but also for SMEs including startups and scale-ups. There are a lot of wrong definitions of business financing to be found online, especially pushed by financial institutions.

What is business financing?

Basically, there are three ways to fund your business: by internal financing by generating income online and offline from customers, by external financing through loans, subsidies and/or equity or by a mix of those two categories.

More: What is ‘the social distancing economy’?, What are ‘organisational economics’?, What is a ‘virtual organisation’?, What is a ‘digital product?’ & What is the ‘Law Of Diminishing Firms’?

  • start a business.
  • grow a business.
  • scale a business.
  • save a business during a crisis like Covid-19 as part of a survival strategy.

Contact me today. 

If you want to know more about how to finance or refinance your business, email me here.

Tony de Bree worked at ABN AMRO for 26 years and made the transition from banker to hybrid entrepreneur by trial and error with his own “online plan b”. He is an on demand consultant, speaker, lecturer and business coach and serial writer of a large number of ‘How-to-books’. Tony helps corporates, startups, scalups and SMEs to survive the crisis and startups including students and managers and employees of corporates to make the transition from manager or employee to successful online entrepreneurship with their own ‘Lean & mean’ virtual organisation. 

About the Author: tonydebree

Tony de Bree worked in Financial Services including in corporate venturing and e-commerce for 26 years and he made the transition from banker to entrepreneur working from home and making money online with his own "online plan b" with digital products as side-hustles in 2000 and as hybrid business owner since 2011. Since the beginning of the Covid-19 pandemic, he helps corporates, small business owners, startups & scaleups to define and implement the best digital survival strategy and he helps managers and employees to become a successful entrepreneur with a personal digital-right skilling plan.

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