external sources Flashcards
external sources DF
sourse of money outside the business
bank loan DF
business borrow money and pay it back with interest
bank loan AD
makes cash flow easier
bank loan DIS
pay back interest
overdraft DF
pre-arranged amount of money that the business is allowed to use
overdraft AD
enable short term funding
overdraft DIS
interest change if overdrawn can be ended by bank
grants DF
an amount of money that is given by the government
grants AD
helps start up new businesses
grants DIS
not available for all businesses
venture capital DF
invests in start up businesses for % share of profits
venture capital AD
expertise to help the business
venture capital DIS
lose a percentage of the business
hire purchase DF
when you buy an asset and pay it back monthly
hire purchase AD
cheaper then buying outright
