Why do we need finance in business
Financing represents the use of another individual’s money to start or build a small business. Financing includes debt and equity investments. Debt financing are traditional loans from a bank or lender. Equity financing represents direct investments from venture capitalists or private investment firms. Business owners can use financing during the startup phase of a company or during normal business operations. Small businesses with a strong track record or financial history can have a better opportunity to secure external financing. Show
Low Personal Wealth
Major Asset Purchases
Working Capital
Business Expansion
|