Question

Explain any two ways in which a business enterprise can obtain Bank Credit.?​

Answer 1

Answer:

Finding finance in any economic climate can be challenging, whether you are looking for start-up funds, capital to expand or money to hold on through the tough times. But given or current states of affairs, securing funds is as tough as ever. To help you find the money you need, we've compiled a guide on 10 financing techniques and what you should know when pursuing them..

1. Consider Factoring

2. Get a bank loan

3. Use a credit card

4. Tap into your 401 (k)

5. Try Crowdfunding

6. Pledge some of your Future Earnings

7. Attract and angel Investor

8. Secure an SBA loan

9. Raise Money From Your Family And Friends

10. Get a microloan.

Answer 2

Sources of Financing Business are :

1. Personal Investment

2. Venture Capital

3. Business Angels

4. Assistant of Government

5. Commercial Bank Loans

6. Financial Bootstrapping

7. Buyouts .