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advantages and disadvantages for source of finance

Member rating: No Rating | Words: 980 | Submitted: Sun Sep 16 2007

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Bank Loan: The good thing about a bank loan is that you don't have to pay back the money straight away. You can agree with the bank manager of what type of payment you could choose like a weekly payment or a monthly payment. Another good thing is that the bank can pay out large sums and you can normally get a great deal of money. Business Angels: The advantage about enquiring a business angel is that they also pay out in large sums so you can get a good deal of investment. Another good thing is that they are experienced in this and will have some helpful advice to give me if I wish to ask for some advice on handling a part of the company. Savings: The good thing about using my savings is that its my money and only I can touch my savings. Another good thing about savings is that...

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