Answered

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Multiple Select Question

Select all that apply:

Advantages of using a credit card in small business financing include:

A. They save time.
B. Cards are accepted in many places.

Disadvantages of using a credit card in small business financing include:

A. They can be a risky way to finance.
B. The cost of borrowing is expensive.

Sagot :

GinnyAnsweridn

Final answer:

Using a credit card in small business financing has advantages like saving time, wide acceptance, and credit score building benefits.


Explanation:

Advantages of using a credit card in small business financing include time-saving benefits and wide acceptance at many places, aiding in convenience of transactions. Additionally, a credit card can help build credit scores, which is beneficial for various aspects of life beyond just financing needs.


Learn more about Advantages of using credit cards in small business financing here:

https://brainly.com/question/28101613


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