The largest single source of external equity capital for small businesses is:
A)angels.
B)venture capitalists.
C)Small Business Administration loans.
D)commercial bankers.

Question

Quizplus · Accepted Answer

Angels are typically wealthy individuals who provide capital to startups and small businesses in exchange for ownership equity or convertible debt. They are often the largest single source of external equity capital for small businesses because they are willing to take risks on early-stage companies that may not yet qualify for venture capital or bank loans.

The Largest Single Source of External Equity Capital for Small