Chapter 22

5. Government funding that usually does not have to be repaid
7. Profit kept in the business instead of being paid to the owners
8. Funding that comes from within the business itself
9. Personal funds invested by the owners of an unincorporated business
11. Funding that comes from sources outside the business
14. Money required to pay day-to-day costs, calculated as current assets minus current liabilities
16. Finance used to meet needs lasting more than one year
17. The term used to describe money invested in a business
18. High-risk finance provided to new or fast-growing businesses in return for ownership
19. Using an asset without owning it by making regular payments
21. A flexible borrowing facility that allows a business to spend more than it has in its bank account
22. Spending on regular day-to-day expenses such as rent or wages
23. Money needed before trading begins to buy essential fixed and current assets
25. Raising money by selling items no longer required by the business
26. Raising small amounts of money from a large number of people via the internet

1. Small loans provided to people or businesses without access to traditional banks
2. Borrowed money from a bank that must be repaid with interest over time
3. Financial support from government to reduce business costs
4. Reducing stock levels to release money tied up in inventory
6. Finance used to meet needs lasting less than one year
10. Money raised by limited companies through selling ownership
12. Delaying payment to suppliers to improve short-term cash position
13. Spending on assets that will last for more than one year
15. Buying a fixed asset over time while using it immediately
20. Selling debts to another business to obtain immediate cash
24. Long-term loan certificates issued by limited companies