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Answer :
Answer:
Indirect Financing
Explanation:
Direct financing is when the borrower borrows money directly from the market such as issuing the stocks/shares directly in the market.
While the indirect financing is the type of financing when the borrower does borrows the fund via the help of intermediaries or third parties.
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Answer:
The correct answer is: Indirect.
Explanation:
Indirect financing refers to pooling money from sources that are not from the entrepreneurs themselves. Investors come into play to provide entrepreneurs the capital needed for them to develop their business idea. For such a purpose, entrepreneurs make detailed business plans where they include different analyses of why the venture could be successful in an attempt to attract capital.
