Question
Jerome needs funding to help start a business selling school supplies. He uses a website that connects him directly with a lender who charges a
Jerome needs funding to help start a business selling school supplies. He uses a website that connects him directly with a lender who charges a below-market interest rate.
What type of financing resource is Jerome using?
- Peer-to-peer lending
- Factoring
- Commercial lending
- Trade credit
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
