Sources of Finance 1.3
- 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
- Personal Savings
- Short Term
- Overdraft
- Interest charged, flexible, possible solution to cash shortage.
- Trade Credit
- Period of time to pay bill
- Overdraft
- Other Internal Sources
- Sale of Assets
- Sale of Stock
- Long Term
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