sources of finance Flashcards
1
Q
d
A
debt factoring - The process of selling the debts
2
Q
o
A
overdraft -An overdraft is the facility to overspend on a current account up to an agreed sum
3
Q
r
A
retained profit - Profit kept within a business from profit for the year to help finance future activities
4
Q
s
A
share capital - Finance raised from the sale of shares
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
6
Q
v
A
venture capital - Investment from an established business into another business in return for a percentage equity in the business
