What are the different types of finance available to a business

Sources of finance can be grouped through type and time. ‘Types’ include internal finance and external finance whilst ‘time’ involves short, medium and long term. For internal sources of finance the business can use personal finance (which is either short or long term), and retained profit (which is long term). For external sources of finance a business can use a bank overdraft or debt factoring (which are both short term) or venture capital, share capital or loan capital (which are all long term).

GM
Answered by Gemma M. Business Studies tutor

2078 Views

See similar Business Studies A Level tutors

Related Business Studies A Level answers

All answers ▸

How should I structure my Business Studies exam answers? Could I get an example please?


Explain why a business would choose a price skimming strategy? (6)


What are the five levels in Maslow's Hierarchy of Needs?


To what extent is appointing a new leader likely to be a good way to improve business performance? Justify with reference to leaders (20 marks)


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences