Final answer:
Most entrepreneurs do not easily get a bank loan for all business equipment; personal funds or angel investors often provide startup capital instead. The correct answer is False.
Step-by-step explanation:
According to the reading materials provided, most entrepreneurs cannot necessarily secure a bank loan for all the equipment their business might eventually need. While they might use their personal bank accounts or borrow against personal assets like a home for startup expenses, getting a bank loan might not be feasible or sufficient for all required equipment. Cities often have networks of angel investors who provide funding in exchange for ownership stakes in emerging businesses, but this is quite separate from traditional bank financing.
Therefore the correct answer for the question is False.