E) All of the above are common sources of funding for a small business.
Small businesses may rely on a combination of funding sources to get started or to grow. Family and friends may help by investing directly or co-signing a loan. Personal savings, borrowing from lending institutions such as banks and credit unions and getting loans or grants from governmental agencies are also common financing options. Different sources of funding may be more appropriate depending on factors such as the business’s creditworthiness, the purpose of the funding, and the terms and conditions of potential creditors or investors.