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Mark enjoys trekking and frequently goes on long journeys with his group of friends. To keep his travel gear light, he doesnt pack too many
Mark enjoys trekking and frequently goes on long journeys with his group of friends. To keep his travel gear light, he doesnt pack too many clothes for the trip and opts to wash the ones he carries on the way instead. The difficulty is that not every place would have the washing facility or equipment needed. Mark came up with the idea of a portable wash bag which has started to gain traction among the trekking community. He also advertised the product to other bikers and campers due to its convenience. His business has been in operation for 5 years and is now at the stage of rapid growth that would require a substantial amount of capital to upgrade manufacturing and distribution facilities. List and explain three (3) possible financing options available to Mark to raise capital needed
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