Learners will be introduced to the primary types and sources of financing available to business

Outcomes Learners will be able to:

• List the two primary types of financing available to businesses, and describe the benefits and drawbacks of each.

• List the various sources of financing.

• Identify the motivation behind each source of financing.

• Explain which type of financing might be most suitable for a given business.

The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows:

• D.01 Explain the nature of effective communications,

• G.10 Describe services provided by financial institutions,

• I.08 Explain the purposes and importance of obtaining business credit,

• I.16 Explain sources of financial assistance,

• I.17 Explain loan evaluation criteria used by lending institutions

This resource is part of the Entrepreneurship Learning Activities collection.

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