Sources of Finance
Across
- 2. Invite in another partner
- 4. Long term, external used for property
- 7. Only available to limited companies
- 8. Assets used to secure external finance
- 10. Short term, external used for emergencies
- 11. Medium term, external hire the use of an asset
- 12. Internal collect money owed to the business from customers
- 13. Cost of borrowing
Down
- 1. Medium term external, deposit then monthly instalments, own the asset on the last payment.
- 3. Medium term lump sum, paid back in regular monthly instalments, plus interest over a period of time.
- 5. Receive goods immediately and pay for them later
- 6. Money provided by the government that is not paid back
- 7. Money raised through selling off old stock
- 9. Money raised through selling of old machines, equipment, vehicles