Atlantis Inc. is in need for funds for its expansion plan. It approaches Uni Bank with its business plan for financial assistance. What is this source of funding known as?

A.

preference shares

B.

equity shares

C.

quasi-external source

D.

external source

When Atlantis Inc has Uni Bank source their expansion, they are using a D. external source of funding. An external source refers to something being funded outside of their direct business funds. They are using another company to fund their business expansion which overtime will be paid back to them.