Responses
She could issue and sell stock in the business.
She could issue and sell stock in the business.
She could borrow money from another owner of the business.
She could borrow money from another owner of the business.
She could get a loan that is guaranteed by the business.
She could get a loan that is guaranteed by the business.
She could get a loan from a bank that was personally guaranteed.
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Filippa could obtain the money for her new sole proprietorship in the following way:
She could get a loan from a bank that was personally guaranteed.
This option allows her to access funds while using her personal credit as collateral, which is common for sole proprietors seeking financing.
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