The most common source of financing for entrepreneurs is bank loans because they require the least amount of work.

Name: The most common source of financing for entrepreneurs is bank loans because they require the least amount of work.
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Bank loans may require a significant amount of work, including providing collateral, creating a detailed business plan, and undergoing a credit check. Other sources of financing, such as crowdfunding, grants, and venture capital, may also be available to entrepreneurs.

The Most Common Source of Financing for Entrepreneurs Is Bank