Sources of Finance

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  • Created by: ellamile
  • Created on: 28-03-18 18:20
allows a firm to take out more money than it has in its bank account.
Overdraft
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From a bank or from family and friends.
Loan
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Things that you can sell of in a business, to create finance.
Asset
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where suppliers deliver goods now and are willing to wait for a number of days before payment.
Trade Credit
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A source of finance from the business owner themselves.
Personal Savings
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where firms sell their invoices to a factor such as a bank. They do this for some cash right away
Factoring
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Other cards in this set

Card 2

Front

From a bank or from family and friends.

Back

Loan

Card 3

Front

Things that you can sell of in a business, to create finance.

Back

Preview of the front of card 3

Card 4

Front

where suppliers deliver goods now and are willing to wait for a number of days before payment.

Back

Preview of the front of card 4

Card 5

Front

A source of finance from the business owner themselves.

Back

Preview of the front of card 5
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