Joseph Coulter needs long-term financing for his company.He contacts Funders Group,which is willing to provide funding in exchange for an ownership stake,an active role in management of Joseph's company,and an opportunity for a large return on its investment.Funders Group is offering ________ capital.

Question

Quizplus · Accepted Answer

Funders Group is offering long-term financing in exchange for an ownership stake and an active role in management, which are typical features of venture capital. Debenture is a type of corporate bond, leverage refers to the use of debt to finance operations, retained capital is the portion of earnings not distributed to shareholders, and certificate is not a type of capital.

Joseph Coulter Needs Long-Term Financing for His Company