Which of these refers to borrowing money that has to be repaid in order to start a business?

Question

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Debt financing refers to borrowing money that has to be repaid with interest over a period of time. This is a common way for entrepreneurs to raise capital to start or grow their businesses. Venture capital (A) involves investors providing funding in exchange for equity in the company. Equity financing (C) involves selling ownership shares in the company to investors. Franchising (D) involves purchasing the rights to operate a business using an established brand name and business model. Licensing (E) involves allowing another company to use your intellectual property in exchange for royalties or fees.

Which of These Refers to Borrowing Money That Has to Be