Question

What are External sources of finance?

Answer 1

Answer:

Explanation:

If a business needs more financial resources and is unable to obtain the money it needs from domestic sources, it may seek external funding. There are two types of financing from external sources bank loans and equity.

Answer 2

Answer:

Explanation:

If a business needs more financial resources and is unable to obtain the money it needs from domestic sources, it may seek external funding. There are two types of financing from external sources bank loans and equity.