1. Purchasing A Small Business
... off. Usually, collateral will be made available to the source of the loan in the case that you cannot continue to make payments. A good credit history and reputation is another aspect that financing is reliant upon. With these, a loan is much easier to get. "Equity financing means obtaining funds ... tea, so choose your type of financing wisely. Some traditional sources of capital include yourself, family and friends, commercial banks, loan companies, insurance companies, credit unions and private investors. The old saying, "don't mix business with pleasure" is applicable when dealing w...
- Word Count: 2342
- Approx Pages: 9
- Grade Level: High School