An existing business seeking expansion capital or funds for temporary use has a much easier job obtaining a combination of debt and equity.

Question

Quizplus · Accepted Answer

An existing business that has a proven track record and generates revenue has a better chance of obtaining a combination of debt and equity for expansion capital or temporary use. Lenders and investors are typically more willing to invest in businesses that have a history of success and a clear plan for growth. Therefore, an existing business seeking funds has an easier job compared to a new or unestablished business.

An Existing Business Seeking Expansion Capital or Funds for Temporary