Jacob Is in Urgent Need of Financing for His Rapidly-Growing

Multiple Choice

Jacob is in urgent need of financing for his rapidly-growing online travel business, Travelmuch. Since Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he gets some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?

A) A commercial bank loan
B) A venture capital firm
C) An initial public offering
D) A Small Business Administration (SBA) loan