"Collateral" refers to
A) other business being done with the lender
B) security given for a loan
C) alternative sources of funding
D) the benefits received form dealing with a particular lender
Correct Answer:
Verified
Q10: "Burn rate" refers to
A)the rate at which
Q11: a business should provide a lender with
Q12: Trade credit is a form of
A)cost cutting
B)debt
Q13: A personal net worth and capability statement
A)is
Q14: Choosing a particular lender may be most
Q16: The start up phase financing period will
Q17: Small business owners sometimes use personal credit
Q18: The type of financing sought is likely
Q19: Demand loans are usually most appropriate for
A)funding
Q20: A disadvantage of equity financing is
A)dilution of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents