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Identify six sources of short term financing available in financing new business and give detailed explanation...

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Finance

Identify six sources of short term financing available infinancing new business and give detailed explanation as to theprocess involved and how each of them is used in obtaining requiredfinancing.

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The six sources of financing that is available to the new businesses are a Trade credit The trade credit is provided to the new businesses so that they can use the money to buy raw materials labour etc The payment for these can be done at a later date b Credit from banks The banks provide    See Answer
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Identify six sources of short term financing available infinancing new business and give detailed explanation as to theprocess involved and how each of them is used in obtaining requiredfinancing.

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