Bank Loan
Bank Loan in a Nutshell A bank loan is a fixed sum of money borrowed from a bank, repaid over an agreed period with interest. It provides businesses with a lump sum…
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10 min
Spec point: 2.1.2 External finance
Every note that covers this specification point.
Overdraft
Overdraft in a Nutshell An overdraft is a short-term borrowing facility provided by a bank that allows a business or individual to spend more money than is currently in their account, up…
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11 min
Share Capital
Share Capital in a Nutshell Share capital is the money a company raises by selling shares to investors. It forms a key source of long-term finance for limited companies, both private (Ltd)…
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10 min
Trade Credit
Trade Credit in a Nutshell Trade credit is a short-term financing arrangement where a supplier allows a buyer to receive goods or services now and pay later, typically within 30 to 90…
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11 min
External Sources of Finance
External Finance in a Nutshell External finance is money raised from sources outside a business, such as bank loans, share capital, or venture capital. It allows firms to fund growth, purchase assets,…
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10 min
Sources of Finance
Sources of Finance in a Nutshell Sources of finance refer to the different ways a business can raise money to fund its operations, growth, or start-up costs. These include internal options like…
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10 min