External Finance
Capital raised from outside sources: banks (loans), investors (equity), governments (grants), organizations (crowd fundi...
Real World
BrewDog raised over £7 million through crowdfunding from thousands of small investors, allowing it to scale production without relying solely on bank loans.
Exam Focus
Match the source to the business context — a start-up and an established plc have very different external finance options; state this explicitly.
How well did you know this?