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Why is growth finance usually easier and cheaper for an established business than for a start-up?
A
Owner drawings show lenders that the business makes money, reducing the risk of lending.
B
Start-up plans prove that the business has made money, reducing the risk of lending.
C
Trading records show lenders that the business makes money, reducing the risk of lending.
D
Business premises guarantee that the business makes money, reducing the risk of lending.
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2.1.1d Finance for growing and established businesses Flashcards
23 flashcards on Edexcel GCSE Business 2.1.1d Finance for growing and established businesses: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.