ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT usually considered a personal source of finance.
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Savings
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Redundancy payments
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Crowdfunding
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Credit card
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Explanation:
Detailed explanation-1: -Loans against shares cannot be considered as finance.
Detailed explanation-2: -Finance is usually provided one of three ways: grants, debt or equity. Grants are essentially a donation. With debt the creditor lends money to the business in return for repayment, usually with interest.
There is 1 question to complete.