What is the most likely source of finance for buying premises?
Mortgage
Debt factoring
A bank loan
What is the most likely source of finance for buying a new IT system?
Which of the following options is a source of internal finance?
Selling assets
Trade credit
What is an advantage for a business of using a bank overdraft?
Low rate of daily interest
Can be arranged quickly
Available for large sums of money
What is the term used for a short term source of finance where firms sell their invoices?
Debentures
Share issue
Where do grants usually come from?
Private companies
Charities or the government
Stakeholders
What do lenders ask for as a guarantee that a loan will be repaid?
Interest
Collateral
References
What is someone who lends money called?
Borrower
Debenture
Creditor
Which type of businesses are share issues available to?
Sole traders and partnerships
Third sector organisations
Private and public limited companies
What does crowdfunding involve?
Getting large amounts of finance from a small amount of people
Getting small amounts of finance from a large amount of people
Getting large amounts of finance from a large amount of people