ELE 4010.docx - ELE 4010 chapter 7 NOT ON QUIZ Equity...

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ELE 4010 chapter 7, NOT ON QUIZ Equity Investment is when someone provides funding in return for some ownership in the new business. Debt i s a major source of non-equity financing and can come from banks, credit cards or suppliers. Any form of capital infusion that must be paid back with interest is called debt. Which are the common forms of debt for a new business? Credit cards Loans Supplier credit A loan i nvolves a contractual agreement whereby the business receives some amount of money that must be repaid over a period of time at a specified
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