Sources Of Finance Flashcards
(3 cards)
1
Q
What are sources if finance?
A
Retainers profits, loan from family members or banks, mortgage, selling unwanted assets, overdraft, trade credit, hire purchase, government grants.
2
Q
What’re internal sources if finance?
A
Money that comes from within a business and the business generates the money.
3
Q
What’re external sources of finance?
A
Money that comes from outside the business.
