A source of finance where a business is able to recieve cash immediately for the invoices it has issued from a factor such as a bank, instead of waiting the typical 30 days to be paid.
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Bank Overdraft
Withdrawing more money than you have in your bank account,this money needs to be paid back quickly as it has a high intrest rate.
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Bank Loans
Money borrowed from a bank, this will have to be repaid over a period of time with intrest.
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Retained Profit
Money kept within the business instead of being paid out to shareholders.
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Grants
Money given to certain businesses by the government or charities. This £ does not need to be paid back.
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Selling Assets
Selling something that the business owns but does not need for money.
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Mortgage
Money that is borrowed with a business or house used as security. This will have to be paid back over time with intrest.
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Venture Capitalist
People who buy shares of a business hoping to make a quick return on their money.
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Trade Credit
When a supplier allows you a period of time to pay for goods and services.
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Owner Capital/Savings
When the owner uses their own savings to invest in the business.
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Issuing Shares
Selling a percentage ofyour business to someone for an amount of money.
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Leasing
Renting equipment instead of buying it.
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Other cards in this set
Card 2
Front
Withdrawing more money than you have in your bank account,this money needs to be paid back quickly as it has a high intrest rate.
Back
Bank Overdraft
Card 3
Front
Money borrowed from a bank, this will have to be repaid over a period of time with intrest.
Back
Card 4
Front
Money kept within the business instead of being paid out to shareholders.
Back
Card 5
Front
Money given to certain businesses by the government or charities. This £ does not need to be paid back.
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