: the purchaser pays an initial deposit and a finance company pays the balance to the seller. Ownership is transferred to the buyer when the last payment is mad
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15
Invoice Discounting
allows the business to borrow money against its outstanding sales invoice.
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baam
Lose 20 points!
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shark
Other team loses 25 points!
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shark
Other team loses 25 points!
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banana
Go to last place!
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seesaw
Swap points!
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star
Double points!
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gift
Win 10 points!
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banana
Go to last place!
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15
Share Capital
money invested into a business by its owners (shareholders)
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15
Accrued Expense
business has the use of certain expenses for up to two months before payment is required, e.g. electricity, phone, broadband
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15
Factoring
selling money owed by debtors to a factoring company to get immediate payment
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15
Leasing
renting an asset over a number of years.
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15
cash
using cash reserves to pay for day-to-day business expenditure
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15
Credit Card
allows the card holder to buy now and pay later
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15
Venture Capital
venture capitalists invest in new or high risk businesses
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15
Mortgage
specifically used to purchase property. Repaid over 20 â 30 years
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15
Grants
money provided by the government, local authority or EU
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15
Crowdfunding
seeking small amounts of money from a large number of people