You are a manger of a cultural company in Quebec and you want to export your services to a foreign country. However, your company don’t have the necessary financial resources and there is no possibility and chance to obtain loans from conventional banks. Under these conditions, to make your project a reality, what would be your main source of funding? Explain your answers (max. 8 lines)

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter19: Financing International Trade
Section: Chapter Questions
Problem 6BIC
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You are a manger of a cultural company in Quebec and you want to export your services to a foreign country. However, your company don’t have the necessary financial resources and there is no possibility and chance to obtain loans from conventional banks. Under these conditions, to make your project a reality, what would be your main source of funding? Explain your answers (max. 8 lines)

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