Which of the following financing sources has the greatest advantage of speed?
A) Local bank
B) Credit card
C) Angel investor
D) Venture capitalist

Question

Quizplus · Accepted Answer

Credit card financing has the greatest advantage of speed as it can be approved and accessed quickly, without the need for a lengthy application process or meeting with investors. However, it typically comes with high interest rates and fees, making it a less desirable option for long-term financing.

Which of the Following Financing Sources Has the Greatest Advantage