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The feasibility study for the organic lamb project indicates that several million dollars will need to be invested in the first four years on plant

The feasibility study for the organic lamb project indicates that several million dollars will need to be invested in the first four years on plant and equipment. At the first meeting of the board of SAOM , the directors discuss the various options available to SAOM to fund that work. These options include asking SAFPL to subscribe for additional shares in SAOM or borrowing the money from SAFPL, Henry Family members or external lenders such as banks. What are the key differences between debt and equity funding? What factors should the directors of SAOM consider in making this decision?

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