Britney has investigated sources of funding for her new business and believes using debt financing will be her best option. Of the types of debt financing, which option may be the MOST accessible and demonstrate her commitment to succeeding?

(1 point)
Responses

Personal savings

Personal savings

Line of credit

Line of credit

Angel investors

Angel investors

Banks or credit unions

1 answer

The option that may be the MOST accessible and demonstrate her commitment to succeeding is Personal savings. Using personal savings shows that Britney is willing to invest her own money into her business, which can signal to lenders or investors her commitment to its success.