Need for Capital
Sources of Finance
Criteria for seeking finance
Regional and International Money and Capital markets
General Knowledge
100
"Capital invested into a business before it can even begin operation.'
What is Start up or venture capital?
100
Retained profit, sale of assets and reductions in working capital.
What are internal sources of finance for limited companies?
100
"Bank overdraft, trade credit and debt factoring."
What are short term sources of finance?
100
"To promote economic co-operation within the region and attends to the urgent needs of the less-developed economies of the region."
What is the role of the CDB?
100
Financial institution celebrating 50 years of existence in 2014.
What is the General Employees Co-operative Credit Union?
200
Government agencies, Venture capitalists and Entrepreneurs own savings.
What are main sources of start-up capital?
200
"Part of the net profit of a company paid out to shareholders."
What are dividends?
200
"This institution provides long-term investment or development loans to businesses regardless of the size but at high interest rates."
What are commercial banks?
200
"Improvement of sea defences and highway rehabilitation."
What are the projects funded by the CDB?
200
"Regulates and supervises the international financial services sector and the non bank financial institutions...of St Vincent and the Grenadines".
What is the Financial Services Authority (FSA)?
300
Cash received is used to purchase materials or stock needed for production and to pay creditors. After production, goods are sold to debtors and the business awaits payment before cash is received.
What is the working capital cycle?
300
Long term, medium-term, and short-term?
What are external sources of finance?
300
a non-governmental financial institution that helps very small businesses or microenterprises graduate into small or medium businesses.
What is FUNDAID?
300
Provides loans, grants, guarantees, policy advice and technical assistance to public and private sectors.
What is the role of the Inter-American Development Bank?
300
The merger of Barclays Bank PLC and Canadian Imperial Bank of Commerce (CIBC) created this bank.
What is the CIBC First Caribbean International Bank?
400
Selling debts to specialist firms, not extending credit to costumers, buying more goods on credit, properly managing stock and managing cash flow.
What is managing working capital?
400
"A creditor of the issuing company and not an owner or shareholder. This debt is unsecured and in the event that the company fails then little or nothing is received from sale of assets."
What is a debenture holder and what are debentures?
400
Sou Sou hand, personal savings and family members and friends.
What are other sources of finance?
400
"The money markets are used for the raising of short term finance, e.g: for loans that are expected to be paid back as early as overnight. Whereas, the capital markets are used for the raising of long term finance, such as the purchase of shares or loans not expected to be repaid for at least a year."
What is the main difference between Capital and money markets?
400
"It was established in October 1983 and is the Monetary Authority for a group of eight island economies. Its mission is to maintain the stability of the EC dollar and the integrity of the banking system in order to facilitate the balanced growth and development of member states."
What is the Eastern Caribbean Central Bank?
500
Capital invested by opening new branches, expanding existing premises or through mergers, takeovers or acquisitions.
What is investment capital?
500
"The sale of shares raises finance for a company in exchange for a share of ownership. Also it is profit retained in the business by directors for investment purposes."
What are forms of equity finance (capital and shares)?
500
"Specialist institutions that lend to small or medium sized businesses that are unable to procure lending from commercial banks at a below market interest rate."
What are development banks?
500
Oldest stock exchange in the world.
What is the Amsterdam Stock Exchange
500
"It was established in May 2002 in SVG...It is the national/centralized agency for the collection, analysis and dissemination of suspicious transaction reports."
What is the Financial Intelligence Unit (FIU)?