3E Sources of finance Flashcards
1
Q
What is equity capital?
A
Money contributed to a business by an investor in exchange for partial ownership
2
Q
What is Debt Capital?
A
Money that has been lent to a a business by an external source.
3
Q
What is a grant?
A
Money that is given by a government of other organisation.
4
Q
What are overdraft facilities?
A
Agreements between banks and businesses or individuals that allow a bank account to be withdrawn below zero.
