Finance

There are two types of finance:

1. Equity
2. Debit

Equity Finance

• Owner or Investor funds

• Capital not always repaid Owner or Investor retains

• Net Equity

Debit Finance

• Borrowed funds

• Loans repaid in a specific time

• Loans repaid from profits

Finance is used for:

• Start up facilities

• Working Capital

• Expansion / Growth

• Asset Purchase

• Reduce Loans / Debts / Liabilities

• Return funds to owner

Other Sources of Finance:

• Revenue / Retained Profits

• Sale of Assets

• New Loans / Debt

• New capital from owners (new partnership / shareholders)

Factors that influence supply of finance from the lending Institutions

• Industry

• Your Equity

• Purpose of funds

• Capacity to repay funds / Repayment arrangement

• Your past business history

• Risk image of your business and the industry

• Financial position and plans

• Security available

Source of funds:

• Trading Banks

• Savings Banks

• Finance Companies

• Insurance Companies

• Credit Unions

• Building Societies

• Solicitors Funds

If you are looking a getting into business or are already in business, Tony Taktak & Associates can show how to build wealth, through long - term investments.