What would a loan of additional capital enable him or her to do expand the business.

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What would a loan of additional capital enable him or her to do expand the business.​

Answer:

Financing expansion can take many forms. You can use your own money, borrow from friends and family, use internally generated funds, approach equity investors or tap banks and other lenders. The sources for funding growth are generally the same sources you may have used to start your business. In many cases, yoll go back to the same sources to pay for expanding your company. The good news is that its easier to fund growth in an existing business than it is to fund a startup.


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