Short Assesment-Sources of finance

An arrangement with the bank that the business can spend more money than it has in its bank account

an amount of money borrowed from a bank or other lenders

Bank loans, Mortgage , Government grants

Overdraft, trade credit, factoring

where a bank allows a firm to take out more money than in its bank account

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

when charities or the government help a business get started

found outside the business eg. creditors or banks

finance or funds found inside the business

where a firm sells their invoices to a factor such as a bank

where a supplier delivers goods and are willing to wait a number of days for payment