Sources of Finance


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Name the three reason for financne
To start up, to run, to expand
1 of 5
Name three short-term sources of external finance
Overdraft facility, Trade credits, Factoring
2 of 5
Name four long-term sources of external finance
Share Capital, Loans, Debentures, Mortgage, leasing, Grants
3 of 5
What is a creditor?
an individual or business that has lent funds to a business and is owed money
4 of 5
What is a debtor?
an individual or business who has borrowed funds from a business and so owes it money
5 of 5

Other cards in this set

Card 2

Front

Name three short-term sources of external finance

Back

Overdraft facility, Trade credits, Factoring

Card 3

Front

Name four long-term sources of external finance

Back

Preview of the front of card 3

Card 4

Front

What is a creditor?

Back

Preview of the front of card 4

Card 5

Front

What is a debtor?

Back

Preview of the front of card 5

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