Crowdfunding is a method of raising finance by asking a significant number of people for a small amount of investment. It is particularly popular on the internet as people can easily access millions of potential funders. There are three types of crowdfunding: debt, donation and equity. Debt crowdfunding is a way for individuals to lend and borrow money without the use of an official financial institution as a mediator. Donation crowdfunding is when individuals can share their money with projects and charities they have a strong interest in. Equity crowdfunding happens when individuals invest in an unlisted company in exchange for shares or a small stake in that company or project. There are so many other options out there for SMEs to access money that Tej Kohli urges business to do their research to find the most appropriate option for them.