Question by  Loriann (2)

How do the two types of traditional approaches to fund development vary?


Answer by  Vogin (108)

Either you can go to the bank and ask for a loan or you can emit your own securities, like bonds. In the first case there is only one creditor, you can negotiate with him and it's more transparent. 2nd case means there are possibly thousands of small creditors, who can even trade their bonds further.

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