In raising capital, a sole proprietor is limited to his or her personal funds-a loan is not possible.

Name: In raising capital, a sole proprietor is limited to his or her personal funds-a loan is not possible.
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Quizplus · Accepted Answer

A sole proprietor can still potentially obtain a loan from a bank or other financial institution, but it may be more difficult as they do not have the same legal protections and resources as a corporation or partnership.

In Raising Capital, a Sole Proprietor Is Limited to His