Borrowing money that has to be repaid at a later date in order to start a business is equity financing.

Name: Borrowing money that has to be repaid at a later date in order to start a business is equity financing.
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Borrowing money that has to be repaid at a later date is debt financing, not equity financing. Equity financing involves selling ownership in the business in exchange for funding, such as selling stock or ownership shares.

Borrowing Money That Has to Be Repaid at a Later