Glossary: Sources of finance

IB Business Management: Glossary: Sources of finance

Business angelsWealthy and successful private individuals who risk their own money in a business venture that has high growth potential.Capital expenditureRefers to business spending on fixed assets or capital equipment of a business, e.g. spending on buildings, machinery and tools.Debt factoringA financial service provided to businesses that are struggling to collect money from their debtors so face liquidity problems.

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