sources of finance Flashcards

1
Q

d

A

debt factoring - The process of selling the debts

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2
Q

o

A

overdraft -An overdraft is the facility to overspend on a current account up to an agreed sum

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3
Q

r

A

retained profit - Profit kept within a business from profit for the year to help finance future activities

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4
Q

s

A

share capital - Finance raised from the sale of shares

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5
Q

L

A

loans - A set amount of money provided for a specific purpose, to be repaid with interest, over a set period of time

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6
Q

v

A

venture capital - Investment from an established business into another business in return for a percentage equity in the business

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