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Short-term Medium-term Long-term
Sources of Finance Short-term Medium-term Long-term © Criddle, Hinton, Nizam
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Definitions SHORT-TERM Must be repaid within the next 3 Years
MEDIUM-TERM Must be repaid within the next 3 to 10 Years LONG-TERM Must be repaid within 10 or more Years BACK © Criddle, Hinton, Nizam
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Short-Term Finance Overdraft Converting assets into cash
Bridging finance Trade credit Loan from family or friends Hire purchase Debt financing/ Loan Retained profits BACK DEFINITION © Criddle, Hinton, Nizam
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Medium-Term Finance Mortgage Government loan Venture capital
Loan from family or friends Lease Debt financing/ Loan BACK DEFINITION © Criddle, Hinton, Nizam
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Long-Term Finance Debentures Shares Owner’s investment Mortgage
Government loan Venture capital BACK DEFINITION © Criddle, Hinton, Nizam
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