Finance

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Bank Loan (S)
Finance provided by the bank that will be paid back over a set period in installments with interest. (Starting up)
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Loan from family or friends (S)
Finance provided by friends or family where the interest rate and repayment period is agreed with them.
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Overdraft (S)
A flexible arrangement that allows a business to spend more money than it has in their bank account as and when it needs the finance.
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Mortgage (S)
Long-term loan for purchasing a building
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Trade Credit (S)
Suppliers who allows debts for goods and services to be paid 1-3months (Credit Period) after delivery.
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Grant (S)
Money given to be a business by a government or charity
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Retained Profits (L)
Internal finance. Profit that’s not being given to shareholders it's being kept by the business for expansion or improvements.
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Selling unwanted assets (L)
Internal finance. Turns the business' property and assets into cash only when they don’t need them.
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Sale and leaseback (L)
Selling assets when still needed and paid monthly to use.
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New share issue (L)
LTD's and PLC's can raise capital by selling further shares
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Loan (L)
Borrowing from a bank or another financial institution.
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Other cards in this set

Card 2

Front

Loan from family or friends (S)

Back

Finance provided by friends or family where the interest rate and repayment period is agreed with them.

Card 3

Front

Overdraft (S)

Back

Preview of the front of card 3

Card 4

Front

Mortgage (S)

Back

Preview of the front of card 4

Card 5

Front

Trade Credit (S)

Back

Preview of the front of card 5
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