Inc Magazine has a great post here about all the different options for entrepreneurs looking to raise capital. They cover everything from credit cards to angels and hedge fund debt financing.

From the angels perspective the article says,

For years angel investors have invested alongside VCs and private equity firms in syndication deals. Lately, however, angel groups and larger investors have begun to use the same term sheet, says James Geshwiler, managing director of CommonAngels, a group in Boston. This closer working relationship between angels and institutional investors has driven more angel money into deals worth between $2 million and $5 million. Deals of this size accounted for 45 percent of all reported angel investments in 2005, up from 35 percent in 2004, according to the Center for Venture Research.