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What is the main advantage of asset/lease financing for entrepreneurs?
  • a)
    It allows entrepreneurs to raise funds without collateral.
  • b)
    It provides funds that are directly related to sales and profits.
  • c)
    It offers lower interest rates compared to other forms of financing.
  • d)
    It involves sharing ownership of assets with the financing institution.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the main advantage of asset/lease financing for entrepreneurs?...
Asset/lease financing provides funds that are directly related to sales and profits of the business, allowing entrepreneurs to align their repayments with their revenue.
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What is the main advantage of asset/lease financing for entrepreneurs?a)It allows entrepreneurs to raise funds without collateral.b)It provides funds that are directly related to sales and profits.c)It offers lower interest rates compared to other forms of financing.d)It involves sharing ownership of assets with the financing institution.Correct answer is option 'B'. Can you explain this answer?
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