SBA Borrowing Money Information

This provides information about different ways to borrow money for your business, as well as the things that each require. This topic compares equity and debt financing and explains the differences between the two. Knowing this is essential for creating a business plan.

 

Applicability to Business

  • Gaining capital is necessary to finance a startup
  • Knowing the best type of financing for a specific business is essential for long-term debt planning

 

Learning Outcomes

  • Learn the difference between types of financing
  • Plan financing needs for short- and long-term

 

 

https://www.sba.gov/starting-business/business-financials/borrowing-money-your-business