Question: ABC, a start - up enterprise organized as a LLC , took out a $ 2 5 0 , 0 0 0 loan with First

ABC, a start-up enterprise organized as a LLC, took out a $250,000 loan with First Bank.
First Bank's loan is classified as financing for the business.
Select one:
a. Equity
b. Debt
c. Contingent
d. Ancillary
ABC, a start - up enterprise organized as a LLC ,

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