What is the most frequent source of financing?
A) asset-based lenders
B) personal savings
C) wealthy individuals
D) venture capitalists

Question

Quizplus · Accepted Answer

Personal savings is often the most frequent source of financing for small businesses as it does not involve taking on debt or giving up ownership stake in the company. This is especially true for startups where other sources of financing may not be available yet.

What Is the Most Frequent Source of Financing