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Hey Olayemi, There are multiple ways in which you can get capital for business 1. Loans from banks (business, farming/machinery inputs) 2. Informal lenders, friends and family 3. ROSCAs (if you are a part of) 4. Digital lenders (Invoice discounting, working capital loans which are given instantly on the product bill and can be paid over the period of next few months) 5. Suppliers of business inputs
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There are two main ways you can generate funds for your business; 1. Formal means, that is obtaining funds from the financial institutions, and also grant from the government and non-governmental organizations 2. Informal means, that's getting funds from family members, friends, money lenders, and personal savings. Other means include High purchase and buying on credit.