SOURCES OF FINANCE


Here is my source of finance document which which shows potential funding options and their pros and cons.


SOURCE OF FIANCE

PROS

CONS

BANK LOAN

SAFE AND SECURE FUND OF MONEY

REQUIRES AN INTEREST RATE MEANING AS WELL AS PAYING THE BANK BACK YOU WOULD HAVE TO PAY MORE

CROWD FUNDING

NO MONEY HAS TO BE PAYED BACK AND MORE MONEY COULD POTENTIALLY BE RAISED

FUNDING MAY TAKE TIME TO COME TRHOUGH AND YOU MAY NOT GET ALL THE MONEY NEEDED

GRANT/FUNDING (BFI ECT.)

NO MONEY HAS TO BE PAYED BACK

THE PROCESS OF RECEIVING A GRANT CAN TAKE A LONG TIME AND THE CHANCES OF RECEIVING ONE IS LOW, MAKING THIS ONE OF THE LEAST DEPENDABLE SOURCES OF FINANCE

PRIVATE INVESTMENT

COULD POTENTIALLY GIVE YOU A SUBSTANTIAL AMOUNT OF MONEY

THEY NEED TO PROFIT OFF OF THE LOAN THEY GIVE YOU MANING THEY WILL EXPECT THEIR MONEY BACK FROM THE FILM AND POSSIBLY INTEREST

SELF-FUNDING

NO MONEY NEEDS TO BE PAYED BACK

DEBT COULD BE A POTENTIAL RISK IF THE FILM FAILS AND YOU WOULD BE PERSONALLY AFFECTED

LOCAL AUTHORITY/PUBLIC INVESTMENT

IT IS A SECURE METHOD AND YOU MIGHT NOT HAVE TO PAY THE MONEY BACK

THE AMOUNT OF MONEY IS SMALL AND YOU OULD POTENTIALLY HAVE TO PAY IT BACK

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