Sources of finance Flashcards
To remember all the sources of finance and what their advantages and disadvantages are.
1
Q
Name an external source of finance.
A
Bank loan.
Overdraft.
Trade credit.
New partners capital.
Share issue.
Crowding.
2
Q
Name an internal source of finance.
A
Owners capital.
Sale of assets.
Retained profit.
3
Q
What sources of finance are best for a short term.
A
Overdraft.
Trade credit.
Bank loan (depends how much you ask for).
4
Q
What sources are best for long term.
A
Retained profit.
Share issue.
Crowdfunding.
5
Q
Which sources are best for a medium term.
A
New partners capital.
Owners capital.
Sale of assets.
Bank loan (depends how much you ask for).
