Creative financing: A ‘hot’ marketmakes alternatives easy to overlook
Do you really need to give away the store in an IPO?
Companies looking to raise capital these days can hardly be blamed for looking first at the IPO market, given the inherent panache and skyrocketing Dow. But owners intrigued by the notion of an equity offering need to remember that any kind of equity involves giving away at least part of the store. Even debt financing, while preserving control, comes at a "rental price" some may not want to pay.
Get the cash, keep the control
There are creative alternatives for those with time and energy to explore out-of-the-mainstream sources, says consultant Bruce Barren of EMCO Financial Group. Some examples:
CFO & Controller Alert
June 8, 1999