the firm has multiple choices of sources of financing ?
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Five sources of financing every small business needs to know
Friends and family. Contacting your closest connections is a crucial investment move for
small businesses. ...
Government Funding. ...
Bootstrapping. ...
Credit Unions. ...
Angel Investors and Venture Capitalists.
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Explanation:
Friends and Family. Interest rate | Set by lender and borrower. ...
3 | Crowdfunding. Interest rate | N/A (payback in form of equity or rewards) ...
5 | Low-Interest Small Business Loans. Interest rate | 8%-15% ...
6 | Microloans. Interest rate | 7%-20% ...
7 | Bank Loans. ...
8 | SBA Loans. ...
9 | Receivable Financing.
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