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What is Sources of Finance Explained about?

This document discusses different sources of finance for businesses categorized as short term (up to 1 year), medium term (up to 5 years), or long term (more than 5 years). Some examples provided are bank overdrafts for short term, bank loans or capital for medium term, and ordinary share capital or loans for long term. When choosing a source, businesses should consider their legal structure, the use of funds, amount required, profit levels, risk level, and owners

Author

akansharohan

Language

EN