Gregg Elberg asked: FINANCIAL MYTHS vs. FINANCIAL FACTSEvaluating Funding Options for your B2B BusinessThe world of commercial finance is complicated. It is suggested that all businesses consult with their trusted advisors (CPA, Attorney, or Partner) before entering into any financing transaction that will have long term effects on their business. The following statements are the opinions based on the dictionary definitions herein below.Merriam-Webster Online Dictionary Abridged Definitions:MYTH:Pronunciation: 'mithFunction: nounEtymology: Greek mythos1 a: a usually traditional story of ostensibly historical events that serves to unfold part of the world view of a people or explain a practice, belief, or natural phenomenon.2 a: a popular belief or tradition that has grown up around something or someone; especially: one embodying the ideals and institutions of a society or segment of society2 b: an unfounded or false notionFACT:Pronunciation: 'faktFunction: nounEtymology: Latin factum, from neuter [+]
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