Financial institutions and internal and external sources of funding

What this note covers

1. Why funding choice matters for global expansion
2. Types of financial institutions: banks and finance companies
3. Internal funding: retained profits
4. External funding, part one: debentures, share capital and secured loans
5. External funding, part two: trade credit, venture capital, financial institutions and government
6. Worked example: comparing funding sources for expansion
7. How this topic is examined and what separates a top response

7 sections · 9 key terms & formulas · 6 common mistakes