· USE OF FUNDS
1.To start up a business.
2.Expand an existing business.
3.Finance during difficulties.
4.Capital expenditure.
5.Revenue expenditure.


· SHORT TERM FUNDS
1.Overdrafts.
2.Trade credit.
3.Factoring of debts.
· MID-TERM FUNDS
1.Bank loans.
2.Hire purchase.
3.Leasing.
· LONG TERM FUNDS
1.Issue of shares.
2.Long term loans/debt finance.

· INTERNAL FUNDS
1.Retained profit.
2.Sale of existing assets.
3.Selling stocks to raise cash.
4.Owner’s own savings.
· EXTERNAL FUNDS
1.Issue of shares.
2.Bank loans.
3.Selling debentures.
4.Factoring of debts.
5.Grants & Subsidies from outside agencies.
· FACTORS AFFECTING THE METHODS OF FINANCE CHOSEN
1.Purpose and time period.
2.Amount needed.
3.Status and size.
4.Control.
5.Risk and gearing.