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A new upscale toy store, Trendy Toys, will require total startup costs of $ 2 2 5 , 0 0 0 . The owners will

A new upscale toy store, Trendy Toys, will require total startup costs of $225,000. The owners will
invest $100,000, and an additional $25,000 of love money has been promised. Trendy Toys will incur
the remaining $100,000 as secured debt. Which of these sources of funding does Trendy Toys NOT
intend to use?
personal funding
family and friends
bank loans
venture capital
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