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What is the risk involved in this financing situation?
Essay specific features
Written by:
Charles S
Date added:
June 14, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 843
Was viewed:
8631 times
Rating of current essay:
Essay content:
I do have a real life rich relative but they don't know me and wouldn't fund anything cause of no trust.
Besides when I do graduate I do not intend on building my own business.
What is the risk involved in other financing situations (i.e., selling bonds, issuing stock)?
? Home equity loans
? Credit Unions
? Cash-value life insurance
? Customers
? Broker loans
? Suppliers
? Micro-loans
? Liquidate retirement funds...
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The loan is easy to qualify for, with rates comparable to and occasionally lower than small-business loans. Obviously, the disadvantage is you could lose a home if you are unable to repay the loan.
Credit unions.
Small business owners can get personal, unsecured loans from credit unions. If you have been a member of such an institution for some time and can qualify, it's worth asking...
displayed 300 characters
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