Sources of Finance (Leaving Cert Business): Flashcards
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Business finance definition
Business finance definition
Management of assets, liabilities, revenues & debts
Short-term finance timeframe
Short-term finance timeframe
0-1 year
Medium-term finance timeframe
Medium-term finance timeframe
1-5 years
Long-term finance timeframe
Long-term finance timeframe
5+ years
Working capital definition
Working capital definition
Funds for daily operations & settling immediate debts
Invoice discounting % available (AIB)
Invoice discounting % available (AIB)
Up to 85% of invoiced debt
Hire purchase ownership transfer timing
Hire purchase ownership transfer timing
Upon final payment
Share/equity capital definition
Share/equity capital definition
Long-term finance from investors buying shares for ownership
Grant definition
Grant definition
Non-repayable amounts from govt or EU
PCCRA framework components
PCCRA framework components
Purpose, Cost, Control, Risk, Amount