external sources of finance

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8 Terms

1
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share capital

the total amount of money a company raises by giving shares to shareholders for ownership.

2
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Loans

amounts of money borrowed with the agreement to repay them over time, usually with interest.

3
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overdrafts

a financial arrangement that allows a person to take out more money than they have in their account.

4
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trade credit

a short-term arrangement where a person purchases goods or services and agrees to pay at a later date.

5
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leasing

a contract where one party pays the other for the use of an asset over a specified period without owning it.

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crowdfunding

raising money by collecting small amounts of capital from a large number of people.

7
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micro-finance providers

places that offer small loans, savings, and other financial services to low-income individuals or communities who lack access to traditional banking.

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business angles

perspectives a company takes to present, market, or position its product, service, or idea to appeal to a specific audience or achieve a goal.