Sources of Finance

Front

Internal

Back

A source from within the business

Front

External

Back

A source from outside the business

Front

Which is an example of an internal source of finance?

Back

Owners' Funds

Front

Which is an example of an external source of finance?

Back

Bank loan

Front

What is an advantage of a bank loan?

Back

You can pay in smaller installments

Front

What is an advantage of owners' funds?

Back

You don't have to pay it back

Front

What is an advantage of friends & family loan?

Back

There will be little or no interest

Front

What is a disadvantage of a friends and family loan?

Back

It can lead to personal conflicts

Front

What is the most likely source of finance for a small firm?

Back

A bank loan

Front

What is the most likely source of finance for buying property?

Back

Mortgage