Mumbai University > Civil Engineering > SEM 8 > Construction Management

Marks: 5M

Sources of finance basically based on the capital required to the company. Depending on the date of maturity, sources of finance can be clubbed into the following:

1. Long-term sources of finance: Long term financing can be raised from the following sources:
   • Share capital or equity share
   • Preference shares
   • Retained earnings
   • Asset securitization
2. Medium-term sources of finance: Medium term financing can be raised from the following sources:
   • Debentures/bonds
   • Financial institutions
   • State financial corporations
   • Euro issues.
3. Short-term sources of finance: Short term financing can be raised from the following sources:
   • Trade credit
   • Commercial banks
   • Advances received from customers
   • Various short term provisions.