Asked by MacKenzie Little on Apr 27, 2024
Verified
Describe three sources of debt financing for a small business owner.
Debt Financing
The method of raising capital through the sale of bonds, bills, or notes to individuals or institutional investors which must be repaid at a future date.
- Differentiate between debt funds and equity funds as financing options for small business owners.
Verified Answer
IM
Isaac MillerApr 30, 2024
Final Answer :
commercial banks
commercial finance companies
factoring accounts receivable
insurance companies
federal loan programs
state and local government lenders
trade credit
commercial finance companies
factoring accounts receivable
insurance companies
federal loan programs
state and local government lenders
trade credit
Learning Objectives
- Differentiate between debt funds and equity funds as financing options for small business owners.