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Jacob is in urgent need of financing for his rapidly-growing online travel business Travelmunch. As Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed
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Jacob is in urgent need of financing for his rapidly-growing online travel business Travelmunch. As Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he receives some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?

A. A commercial bank loanB. A venture capital firmC. An initial public offeringD. A U.S. Small Business Administration loan

User Douxsey
by
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1 Answer

6 votes

Answer:

B. a venture capital firm

Step-by-step explanation:

User Vincent Poirier
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