There are three types of repayment terms: The most common source of debt financing for startups often isn't a commercial lending institution, but family and friends. When borrowing money from your ...

Fact checked by Kirsten Rohrs Schmitt Reviewed by Charlene Rhinehart Every business needs capital to operate successfully.

Monies, usually in the form a loan, that a business owner gets from either family members or friends in order to help finance their startup or growing business The most common source of debt ...