Introduction to Business
Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
Textbook Question
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Chapter 16.3, Problem 1CC

Distinguish between unsecured and secured short-term loans.

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Determine the collateral you have that may help you secure a loan from a bank, credit union or other sources of debt financing (home, car, equipment, land, stock, assets of a cosigner, etc.)  Identify a source of debt financing that may be available to you (friends, family members, credit cards, trade credit, banks, credit unions, private lenders, etc.). Describe the type of loan (term loan, promissory note, line of credit, SBA, etc.), the amount of money that might be available, the possible interest on the loan, and the security that might be required. Identify a potential partner or firm that might provide equity financing for your new business. What types of businesses do they like to invest in? How much money do they typically invest in each deal? At what stages of the business do they generally invest? Why would they be a good partner for your business? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer…
How does the debt instruments different to debt securities?
Describe how the time value of money impacts the terms of a business loan.

Chapter 16 Solutions

Introduction to Business

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