Sources of finance Flashcards
1
Q
internal sources
A
from your savings or selling of assets
2
Q
external sources
A
from a bank etc
3
Q
leasing
A
renting a piece of equipment
4
Q
hire purchase
A
hires something, fixed regular costs, until paid off
5
Q
trade credit
A
buy now pay later
6
Q
loans
A
specific amount of money from a bank with regular fixed payments. with interest on
7
Q
government grants
A
money given to companies in some areas
