Which of the following must entrepreneurs understand about conventional lenders, whether private or public?

Question

Quizplus · Accepted Answer

Conventional lenders, whether private or public, typically do not provide 100% of the start-up funding for a business. Entrepreneurs must understand that they will likely need to contribute some of their own money or find alternative funding sources to cover the remaining costs. Option B, C, and D are not necessarily true statements about conventional lenders. Some may work with angel investors or venture capitalists, and some may provide advice on business decisions.

Which of the Following Must Entrepreneurs Understand About Conventional Lenders