Homework help...?

For your new venture, you need $50,000 to buy a new machine.Your bank agrees to finance you for this.This type of financing is considered????

Equity financing?
Debt financing?
Shareholder financing?
Industry financing?

debt financing.
Long Term Debt Financing usually applies to assets your business is purchasing, such as equipment, buildings, land, or machinery. With long term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

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