Chapter15: Harvesting The Business Venture Investment
Section: Chapter Questions
Problem 13DQ
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Question
What is the difference between centralized and decentralized approaches to organizing the direct lending function?
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Step 1
lending money refers to the practice of loaning funds to an individual or organization with the expectation of repayment along with interest. This can be done through various financial institutions, online lenders, or through peer to peer lending platforms that connect borrowers directly with lenders.
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