Entrepreneurship Quiz

What kind of bank loan offers a limited period and is often faster and easier to set up with the bank?

This is a source of funding where capital providers are active participants in running the business

This type of resource funding is desirable since the entrepreneur doesn’t need to pay back the amount provided.

When all possible funding sources have been exhausted and the entrepreneur still encounters funding gaps, what is the last option to keep the business on track?

This is a scheme in which the entrepreneur claims ownership of the assets after all the required payments have been made.

A source of funds through supplier finance and trade credit.

When entrepreneurs call upon their families and friends to supplement funding a new business.

What kind of bank loan offers a more flexible but more complicated in terms of loan repayment scheme?

These are the most important elements to make the business profitable.

Business’s ability to meet its short-term obligations.