Entrepreneurs know that financing is key to starting and growing a business, but the array of options can be difficult to navigate. This course teaches you how to apply financiers' method of evaluation-the 5C's of Business Credit-and explores the advantages and disadvantages of debt-based, equity-based, and crowdfunding financing.
Total course hours: 1 session, 3 hours.
You will learn about:
• Describing the meaning and applications of the 5C's of small business lending
• Self-assessing your own 5C's, identifying strengths and weaknesses
• Describing how each type of financier operates, and list the advantages and disadvantages of each
• Recognizing the type(s) of financier that apply to your type of business