Jared is in urgent need of financing for his rapidly growing online travel business, travelmuch.com. Since his business provides easy payment options to customers, Jared has a hard time repaying loans quickly, and he also has a dismal credit score. Feeling overwhelmed, Jared also thinks that it would be ideal if he had some guidance in running the business. Given his situation, which of the following key sources of funding would be ideal?

Question

Quizplus · Accepted Answer

Venture capital firms not only provide funding but also offer guidance and expertise to help grow the business, which suits Jared's needs given his poor credit score and desire for business guidance.

Jared Is in Urgent Need of Financing for His Rapidly