Please enable JavaScript.

Coggle requires JavaScript to display documents.

Chapter 3,1 (Factors influencing finance choices (use and time period…

- - - - debt finance
        
        lang-term loans from banks
        
        debentures
        
        advantages : ownership does not change, loans will be repaid eventually, gearing of company increases
      - equity finance
        
        advantages : permanent capital, dividends not had to paid annualy
      - others
        
        subsidies
        
        grants
        
        venture capital
        
        business angels
        
        advantages: can make an investment decision without difficuilt assessment, better local knowledge
        
        disadvantages :business owner still need to gain investors' trust
    - - hire purchase and leasing
      - medium-term bank
    - - debt factoring
      - bank overdraft
      - trade credit