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Home>Blog > New business guide: Part 4 – Funding options.

New business guide: Part 4 – Funding options.

May 11, 2021 by Justin Morgan
New business guide: Part 4 – Funding options.
May 11, 2021
by Justin Morgan

There are a lot of options to consider when attempting to fund your operation. Many of these options may be limited to you, based on your credit, current available funds, or even who you know! Funding is one of the biggest concerns with a new business. Once you open that door, it is difficult to close it, weigh all your options carefully.

  1. Business loans. Your local bank is usually the first step to funding your business. It will be able to offer funding based on your credit.
  2. Business grants. Grants are given to businesses in order for them to operate, and are based on their perceived value of the business. They do not have to be paid back, but are incredibly difficult to get.
  3. Investors. Bringing on individuals or organizations to help fund your business allows for a lot of options. In many situations, they will become a part of the board of directors to ensure their invest is maintained effectively.
  4. Crowdfunding. One of the newest forms of financing. Often with very little strings attached but is often based on popularity. Kickstarter is the most popular for this.  


Choosing the bank

There are several factors that go into selecting the bank that you will be sourcing your loan from. However, the best practice is to stick with your personal bank. This makes payments simple. As well as offering more negotiating options. For many, the desire to keep things separate is important too, this would ensure there are no mix ups. Take the time and way the pros and cons of each bank carefully. Some will offer longer term with lower percentages, or vice versa. Always choose the option that lets you sleep at night, even if that means paying more in the end. Do not just see one, see them all, your business and your life will thank you!

Contact your local Self Stor today!

A storage unit is a solution to a lot of your business needs.

Check out some of our key features:

  • Drive-up Drive-up access allows for ultimate convenience
  • Climate-controlled units let you store with comfort
  • 24-HR units are available
  • Online account management gives you the control
  • Airport lockers allows you to store your luggage for your next flight
  • Packing and moving supplies allow you to tackle any move
  • Individually alarmed units for enhanced security
  • Extended access to storage units, including holidays
  • Live chat customer service allows you to get the answers you need
  • Month-to-month contracts with flexible payment options
  • State-of-the-art lighting to be easy on the environment
  • Self storage provider, your needs will be met

If you do not have a storage unit, visit selfstor.ca and book yours today!

For help on what size storage unit you will need, check out our helpful size guide: https://www.selfstor.ca/storage-unit-size-guide/

Talk to your local Self Stor manager by dialing 1-833-523-0453, they are available to reserve units or answer any questions.

Self Storage Units in Guelph

Guelph

Self Stor’s Guelph facility is easily accessible from all parts of Guelph and Kitchener, with close proximity to the University and local businesses, featuring storage unit sizes from 5×5 to 12×30. Self Stor Guelph offers a wide range of mini storage options, including heated units, as well as traditional drive-up units. This range of products allows Self Stor Guelph to be the self storage provider with the units that will fit everyone’s needs.

595 Elmira Road North
Guelph, N1K 1G5, Ontario

Self Storage Units in North York

North York

If you’re looking for trustworthy self storage provider that offers extensive protection of your valuables, you’ve come to the right place. Here at Self Stor North York, you can leave your precious items in our secure storage lockers with confidence. Knowing that it will be safe and secured in our Toronto East Facility located in North York. Self Stor North York offers a wide range of mini storage options, including heated units, climate controlled units, as well as traditional drive-up units or standard units.

150 Bermondsey Road
North York, M4A 1Y1, Ontario

Self Storage Units in Richmond Hill

Richmond Hill

If you’re moving to a new home around the Richmond Hill area, consider keeping some of your valuables at our Self Stor Richmond Hill facility as we can help lessen the stress and hassle of moving. Self Stor Richmond Hill is a self storage provider with more than a storage space for you. Along with every self storage solution we offer, you will receive security and protection for your belongings, convenience, and the guarantee of outstanding service. Self Stor Richmond Hill offers a wide range of mini storage options, including heated units, as well as traditional drive-up units or standard units.

25 Newkirk Road
Richmond Hill, L4C 3G4, Ontario

Self Storage Units in Etobicoke

Etobicoke

At Self Stor Etobicoke, you will find comprehensive services for the secure safekeeping of your possessions. Our clients’ valuables are secured with our state-of-the-art video surveillance 24/7. Self Stor Etobicoke self storage provider that is conveniently accessible from Downtown Toronto, Mississauga, Brampton, and Etobicoke. Self Stor Etobicoke offers a wide range of mini storage options, including heated units, climate controlled units, secure storage lockers, as well as traditional drive-up units or standard units.

55 Kelfield St
Etobicoke, M9W 5A3, Ontario

About Justin Morgan

Justin Morgan is a York University alumnus and began his Self Stor journey in 2015, earning a deep understanding of the qualities of self-storage and what made Self Stor special. Justin is now applying his unique talent as a Marketing Manager and content creator to bring storage to life! Follow his latest content on Instagram by subscribing to @selfstor!

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