How does crowdfunding work?

New figures from the Bank of England show it can still be a struggle for small businesses to get money from the banks.

This is why many are turning to what is called – crowdfunding – asking people to invest money in businesses or projects.

More than nine million investments and donations were made last year in this way.

Emma Simpson reports from the BBC.

http://www.bbc.co.uk/news/uk-28138286