Sources of Finance

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