SOURCES OF FINANCE

The directors of Shoreline Ltd are looking for additional sources of short-term and long term finance to fund the new projects they are considering. They have asked you to provide a short report of three hundred (300) to four hundred (400) words on their options. In that report compare and contrast three (3) types of short-term finance and two (2) types of long-term finance available to Shoreline Ltd. You should cover the following regarding each type of finance:

main characteristics,

source(s), and

relative cost.