1.3.4 Sources of Business Finance Flashcards

1
Q

Types of external short term sources of finance.

A

Trade credit,bank overdraft

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2
Q

Types of external long term sources of finance

A

Venture capital,share capital,bank loan,crowd funding

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3
Q

Advantage of trade credit

A

Gives business time to sell products before paying the supplier

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4
Q
A
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