Local Ways to Raise Capital
All businesses need to spend money before they make sales. There are many ways to raise capital. pre POWER Co-operatives raise money by pre-selling goods and services and crediting future customers with prepayment.
pre POWER ONE uses the approach to fund solar panels.
This video is a presentation given at the NENA East Gippsland Symposium Held on April 10th 2019 that explains why the approach is lower cost to the pre POWER business than other funding approaches involving shareholders, equity or loans.
It also outlines how any organisation can change to a prepayment financing model and save the cost of renting money.
The presentation slide deck also includes common questions about the pre PAYMENTS model.