allows the business to borrow money against its outstanding sales invoice.
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Check
Okay!
Check
thief
Give points!
5
10
15
20
25
rocket
Go to first place!
Okay!
rocket
Go to first place!
Okay!
lifesaver
Give 25 points!
Oops!
heart
Other team wins 15 points!
Oops!
shark
Other team loses 20 points!
Okay!
rocket
Go to first place!
Okay!
thief
Give points!
5
10
15
20
25
heart
Other team wins 25 points!
Oops!
gold
Win 50 points!
Okay!
shark
Other team loses 20 points!
Okay!
thief
Give points!
5
10
15
20
25
15
Mortgage
specifically used to purchase property. Repaid over 20 â 30 years
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Okay!
Check
15
Bank overdraft
account holder can withdraw more money from their current account than they have in it. Must be arranged in advance
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15
Factoring
selling money owed by debtors to a factoring company to get immediate payment
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Okay!
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15
Medium-term Loan
accessible from banks and credit unions. Borrowers make fixed repayments (which cover repayment of the loan plus interest) over an agreed time period, between o
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Okay!
Check
15
Sale and Leaseback
selling an asset, e.g. premises to an investor and leasing it back from the new owner
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Okay!
Check
15
Trade Creditor
suppliers may provide up to 60 days credit
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Okay!
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15
Grants
money provided by the government, local authority or EU
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15
Share Capital
money invested into a business by its owners (shareholders)
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15
Credit Card
allows the card holder to buy now and pay later
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Okay!
Check
15
Venture Capital
venture capitalists invest in new or high risk businesses
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Okay!
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15
Retained Profit
portion of the annual profits reinvested in the business