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GCSE Business 2020-2022 OCR

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Question:

What are External Sources of Finance? Give some Examples

Author: eric_galvao



Answer:

-This is getting Fund outside the Business -This can be used to get Larger Amounts of Finance, but comes with its owns Risks -Bank Overdraft, Hire Purchase, Trade Credit, Loans, Mortgage, New Share Issue and Crowdfunding


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