Which of the following is not a likely source of financing available during a venture's startup stage?
A)the entrepreneur's assets, family, and friends
B)business angels
C)bank loans
D)venture capitalists

Question

Quizplus · Accepted Answer

Bank loans are often difficult to obtain during a venture's startup stage because the venture has no established credit or assets to secure the loan. Other sources such as the entrepreneur's own assets, family and friends, business angels, and venture capitalists may be more likely to provide financing during this stage.

Which of the Following Is Not a Likely Source of Financing