1, with its own funds. This is mainly my own savings. Generally, people who have worked for several years have some savings, and this part of the money is the basic fund for their own business.

2. Equity financing means that entrepreneurs or small and medium-sized enterprises give up part of the equity of the enterprise to obtain investors' funds, so that investors can hold shares as shareholders instead of borrowing. It is a kind of financing with certain venture capital nature, and it is a financing method in which both investors and financiers enjoy the benefits and bear the risks. For small and medium-sized enterprises that do not have the conditions of bank financing and capital market financing, this financing method is not only convenient, but also operable.

3. Debt financing means that entrepreneurs or small and medium-sized enterprises use loans (private loans) from financial institutions or non-financial institutions such as banks to finance. After a certain period expires, the parties must repay the principal and pay interest. Lending to financial institutions requires certain conditions such as mortgage, credit and pledge guarantee, while private lending relies more on credit and third-party guarantee.

4. Policy loans refer to the micro-loan policies issued by government departments to support a group of entrepreneurs (such as the micro-loan policies for laid-off workers), and also include the establishment of many funds to support the development of small and medium-sized enterprises, such as the SME Development Fund and the Innovation Fund. These policy loans are characterized by low interest rates, preferential policies for low-profit industries, even interest-free, long repayment period and even no repayment. However, in order to obtain these funds, certain policy conditions must be met.

5. Financial leasing means that the lessor purchases equipment according to the leased equipment and suppliers selected by the lessee for the purpose of providing financing to the lessee, and the lessee obtains the long-term use right of the equipment at the expense of paying the rent by signing a financial leasing contract with the lessor. As far as the lessee is concerned, the purpose of financing is achieved through financial leasing.