True: Finance is a word for the funds for a business., A mortgage is the most likely source of finance for buying a new factory. , A bank loan is the most likely source of finance for a small firm., Someone who lends money is called a creditor., False: Issuing shares is a common way of financing a small firm. , Interest is paid as a reward to the business when they borrow money., Someone who lends money is called a borrower. , Grants usually come from other private companies. ,

Sources of Finance: True or False

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