Explain loan from financial source 1 business studies
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Business Finance It refers to capital funds and credit funds invested in the business. According to BO Wheeler
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☑ Sources of finance for business are equity, debt, debentures, retained earnings, term loans, working capital loans, letter of credit, euro issue, venture funding etc. These sources of funds are used in different situations. They are classified based on time period, ownership and control, and their source of generation
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