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IMPORTANT SOURCES OF FINANCE FOR BUSINESS

Short term finance: bank credit, trade credit, instalment credit, customer advances.

Medium term finance: issue of shares, issue of debentures, loans from banks and other financial institutions, public deposits (for existing concerns), ploughing back of profits (for existing concerns).

Long term finance: issue of shares, issue of debentures, loans from financial institutions, ploughing back of profits( for existing concerns).

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