FINANCES

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FINANCES

Debtors

Borrowed funds from a business

Creditors

Individual or business

PROVIDE FUNDS TO A BUSINESS

Additional payment of interest

Security before lending funds

Partners

Offer assets

Sole traders

Guarantee

Sources of finance

External Sources

Long-term sources

Grants

Government

Charities

Hire purchase or leasing

Monthly payments

Car

Equipment

Mortgage

Buying property

Debentures

Loans made to a Company

Loans from a bank

Friends

Family

Owners who invest money in the business

companies

Share capital

Sole traders and partners

Savings

short-term sources

Factoring

Trade credits

An overdraft facility

Internal Sources

sell assets

Profits

What are they?

sources of money for a business

Expand the business

Run the business

Start up a business