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Finance SourcesVersión en línea

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por SILVIA FALERO
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factoring trade debenture crowdfunding debt credit overdraft leasing mortgage

Emily's Bakery : A Business Using Different Types of Finance

Emily owns a small bakery in her town . She wants to grow her business , so she uses different ways to get money :

One month , Emily ? s expenses are higher than expected , and she runs out of money in her bank account . Her bank allows her to use an , so she can still pay her bills even though she has no money left .

Emily orders ingredients like flour and sugar from a supplier . The supplier gives her 30 days to pay instead of paying immediately . This helps her keep baking while she waits for customers to pay .

Some customers buy cakes on credit and promise to pay later . Instead of waiting , Emily sells these debts to a company , which gives her most of the money right away .

Emily needs a new oven , but she doesn ? t want to buy one because it ? s expensive . Instead , she rents an oven , paying a small amount every month to use it . It is a

Emily wants to buy the building where her bakery is located . She doesn ? t have enough money , so she takes a ( a long - term loan ) from the bank to buy the property . She will pay it back over many years .

To expand her bakery , Emily asks investors to lend her money in exchange for a ( a loan agreement ) . She promises to pay them back with interest after a few years .

Emily wants to launch a new line of organic cakes . She asks for help from people on a website , where many small investors give her money in exchange for free cakes or discounts in the future .

Thanks to these different types of finance , Emily ? s bakery keeps growing and serving delicious cakes !

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