Sources of Finance 1.3

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  • Created by: GreyCP
  • Created on: 08-02-18 17:54
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  • Sources of Finance
    • Long Term
      • Personal Savings
        • Doesn't need to be repaid
        • INTERNAL SOURCE
      • Share Capital
        • In exchange for part ownership in business & share of future profits.
      • Bank Loans
        • Repaid with interest
      • Venture Capital
        • From professional investors.
      • Retained Profit
        • Profit kept back in business
        • INTERNAL SOURCE
    • Short Term
      • Overdraft
        • Interest charged, flexible, possible solution to cash shortage.
      • Trade Credit
        • Period of time to pay bill
    • Other Internal Sources
      • Sale of Assets
      • Sale of Stock

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