sources of finance

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  • Created by: kstudent
  • Created on: 01-06-18 13:43
  • Assets owners invest money (savings) in the business.  
  • Loans from a bank or from family and friends.
  • mortgage, which is a special type of loan for buying property where monthly payments are spread over a number of years.
  • Hire purchase or leasing, where monthly payments are made for use of equipment

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