What are the different types of business funding available?
An example of an AI chatbot conversation about types of business funding.
What are the different types of business funding available?
There are several types of business funding, including loans, grants, venture capital, crowdfunding, and angel investors.
Can you explain the difference between a loan and a grant?
Sure! A loan is borrowed money that must be repaid with interest, while a grant is funds given without the need for repayment.
What is venture capital?
Venture capital is funding provided by investors to startups and small businesses with long-term growth potential in exchange for equity.
How does crowdfunding work?
Crowdfunding involves raising small amounts of money from a large number of people, typically via online platforms, to fund a project or business.
What are angel investors?
Angel investors are wealthy individuals who provide capital to startups in exchange for ownership equity or convertible debt.
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