Who are your potential investors?
"External" money from banks, investors or friends is also part of equity, insofar as it is venture capital or share capital whose return will depend on the company’s performance, contrary to a loan.
Unlike most large and medium-sized financial institutions, cantonal banks, in particular the Zurich Cantonal Bank (ZKB), finance not only external funds but also equity. As part of its Pionier initiative, BCZ invests approximately CHF 15 million each year in start-ups in their seed phases ("Seed" and "Series A"). Since 2005, it has supported more than 200 companies with venture capital. In doing so, the bank collaborates with third-party investors (business angels, venture capital companies).