Suppose you are a business consultant, what is your advice to your clients in the following scenario?

Your clients are the founders of a young company with a patent in recycling plastics and other materials that are traditionally non-recyclable. The company was initially set up from their own savings. The business is doing well, and they urgently need to raise more funds for expansion. At this stage, they hope to know their options and the pros and cons of these options.

Make reasonable assumptions to support your arguments. (Hint: a business consultant does not provide a single answer but rather provides recommendations under different scenarios. Consider the types of funding as well as whom the clients should approach)