FINANCES
Debtors
Borrowed funds from a business
Creditors
Individual or business
PROVIDE FUNDS TO A BUSINESS
Additional payment of interest
Security before lending funds
Partners
Offer assets
Sole traders
Guarantee
Sources of finance
External Sources
Long-term sources
Grants
Government
Charities
Hire purchase or leasing
Monthly payments
Car
Equipment
Mortgage
Buying property
Debentures
Loans made to a Company
Loans from a bank
Friends
Family
Owners who invest money in the business
companies
Share capital
Sole traders and partners
Savings
short-term sources
Factoring
Trade credits
An overdraft facility
Internal Sources
sell assets
Profits
What are they?
sources of money for a business
Expand the business
Run the business
Start up a business
