Sourcing Small Scale Capital

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Date: 01/08/2011

Do you or your clients need a small injection of funds to grow? Try ASSOB - the Australian Small Scale Offerings Board - for a parcel or two of cash without the complications of an IPO or of venture capital partners breathing down your neck

Traditional funding for growth so often comes with complicated strings attached. The banks will require interest payments and probably security against the house; angel investors often want a mentoring role; venture capitalists no longer play in the early stage investment space. And an IPO is way too big for what you need because you're not looking for a huge amount of money anyway! Consider, therefore, the Australian Small Scale Offerings Board, which matches businesses needing a small injection of funds, with investors with small parcels of cash looking for an interesting business with the right potential to grow. Often, these shareholders are happy to remain passive investors. It's a simple process to lodge a business on the ASSOB website, and CEO Paul Niederer outlines the process, and where ASSOB fits into the business investing space today.