Are banks able to offer loans, business accounts, commercial mortgages and overdraft facilities.
Which of the following are external sources of finance
leasing
friends or family
sole traders
entrepreneur
stakeholders
venture capitalists
What is the definition of leasing?
resources can be used by the business while they are bring paid for to a finance company
a business can make use of resources and pay to use them every month
a business sells its debts to another company and receives some of the money immediatly
Venture capitalists don't invest in new risky
What is hire purchase?
people who invest in new and up-coming risky ventures
resources can be used by the business while they are being paid for to a finance company
What is the image showing?