Examples Of External Sources Flashcards
1
Q
Bank Loan
A
Business borrows money that must be repaid over time
2
Q
OverDraft
A
Money that a business is allowed to use and pay back when it likes
3
Q
Grants
A
Amount of money that is given by the European or national government
4
Q
Venture Capital
A
A business person who invests in start up businesses for a % share of profits
5
Q
Hire Purchase
A
You do not own the asset until you make the last payment.
6
Q
Trade Credit
A
Not immediately paying suppliers for stock.
7
Q
Share Capital
A
Money paid by shareholders to become owners of a limited company
8
Q
Crowdfunding
A
Small amounts of capital from a large number of individuals to finance a new business venture.
